Source: Dylan Matthews / The Washington Post
It was Paul Ryan’s big moment in Tampa tonight, and he sure didn’t lack for passion. But do the claims he made hold up? Wonkblog went about sorting the true from the misleading and the downright false.
Obama cut Medicare – Ryan blasted the cuts to Medicare reimbursements and Medicare advantage included in the Affordable Care Act. “They just took it all away from Medicare,” Ryan declared. “Seven hundred and sixteen billion dollars, funneled out of Medicare by President Obama.” That much is correct – the Affordable Care Act contained over $700 billion in cuts to Medicare reimbursement rates and Medicare advantage. The Obama administration insists the cuts will not hurt quality and are necessary to control costs, while the Romney-Ryan campaign disputes this, but the underlying claim is correct.
Obama didn’t fix the housing crisis – Ryan claimed Obama’s presidency, “began with a housing crisis they alone didn’t cause; it ends with a housing crisis they didn’t correct.” It is true that Obama did not cause the financial crisis and true that it has still not fully recovered almost four years later, as Ezra detailed in a recent column.
A GM plant in Ryan’s district shut down on Obama’s watch – From Ryan’s speech:
To read this article in its entirety and review all of the lies in Rep. Paul Ryan’s speech, visit The Washington Post