The health care bill has caused a lot of confusion. We wanted to clear up a bit of that, courtsey of Whip Eric Cantor's office. See below:
Just prior to signing the Dem health care bill, President Obama claimed that there would be no cuts in “guaranteed benefits” for seniors - despite massive cuts to the overall Medicare program.
President Obama: “I want seniors to know, despite what some have said, these reforms will not cut your guaranteed benefits.” (Remarks Made At Signing Ceremony, 3/23/10)
Fact Check: The Senate Bill + Reconciliation Bill + Rules Manager’s Amendment = $528.5 Billion in cuts to Medicare (CBO Letter To Speaker Pelosi, 3/20/10)