PolitiFact: Romney/Ryan Claim That Obama “Robs” Medicare Is False
And what about Romney’s statement that President Obama is the only president to ever cut Medicare for seniors? Also false.
• President Ronald Reagan cut Medicare by reducing payments to hospitals, and he cut benefits by raising deductibles.
• President George H.W. Bush cut benefits by repealing a law that would have expanded coverage for drugs and catastrophic illness.
• President Bill Clinton cut Medicare by changing payments to doctors and other providers, which could be considered to have an indirect effect on beneficiaries.