The President's budget pays for only six months of the war in Iraq and completely overlooks the transition costs of Social Security reform. The Administration always lied about the cost of the Medicare drug bill.
Sentiment: NEGATIVE
At least Obama was half-way honest about how much he was going to spend on health care. He had it at $600 billion. And the real number... is $1.2 trillion.
Seven hundred and sixteen billion dollars, funneled out of Medicare by President Obama. An obligation we have to our parents and grandparents is being sacrificed, all to pay for a new entitlement we didn't even ask for. The greatest threat to Medicare is Obamacare, and we're going to stop it.
The money the president wants to borrow for Iraq will come directly out of the American taxpayer wallets in the form of Medicare and Social Security receipts. That's your money.
You're going to hear a lot from President Obama and yes, from Joe Biden, you're hearing a little bit about Medicare these days. What they will not tell you is they turned Medicare into a piggybank to fund 'Obamacare.' They took $716 billion dollars to pay for the 'Obamacare' program.
President Obama has admitted that Medicare is on an unsustainable course and that no amount of tax increases can fix it.
The administration has a disturbing pattern of behavior when it comes to budgeting not only for the ongoing operations in Iraq and Afghanistan but also for military requirements not directly related to these conflicts.
For all their scare tactics, President Obama and Democrats have no plan whatsoever to preserve Medicare for future generations - or protect it for today's seniors and those nearing retirement. They did, however, cut Medicare by $700 billion to bankroll Obamacare.
The American people say, 'Don't touch Social Security, don't touch Medicare, don't cut defense.' That's 84 percent of the federal budget.
The first year of the Bush administration we used up all of the surplus and ended up just with the Social Security and Medicare surplus, and each year worse than the year before.
As fighting in Iraq intensifies, President Bush delivered his supplemental war budget to Congress. The money will cover 30 days of fighting, then we'll be sent one war every other month until we cancel our subscription.