Fact Check: "Promises On Medicare"

Fact Check: "Promises On Medicare"

Speaker Says “We Cannot Keep Our Promises On Medicare” Without Passing A Bill That Cuts Nearly $500 Billion Out Of Medicare

Washington, Feb 25 - REP. NANCY PELOSI (D-CA): “And I Want To Say, Because Medicare Was Mentioned, Unless We Pass This Legislation, We Cannot Keep Our Promises On Medicare.” (Rep. Pelosi, Health Care Summit, 2/25/10)

DEM HEALTH CARE BILL: NEARLY A HALF TRILLION DOLLARS IN MEDICARE CUTS

“Plan … Largely Embraces The Approach Already Taken By The U.S. Senate.” “President Obama made it clear Monday morning that he intends to make a final push for a comprehensive overhaul of the nation's health care and insurance system, offering a new health care plan that largely embraces the approach already taken by the U.S. Senate.” (“Obama Embraces Senate Approach In New Health-Care Plan,” The Washington Post, 2/22/10)

Senate Bill: $466.7 Billion In Medicare Cuts

(Senate Finance Committee Minority Staff Review Of JCT And CBO Cost Estimates, 12/19/09)

CBO: Medicare Cuts Could “Reduce Access To Care Or Diminish The Quality Of Care.” (CBO Director Doug Elmendorf, Letter To Sen. Harry Reid, 12/19/09, P. 1, 19)