CNN Fact Check: Would Romney bankrupt Medicare by 2016?
September 7th, 2012
07:09 AM ET
10 years ago

CNN Fact Check: Would Romney bankrupt Medicare by 2016?

(CNN) - More than one speaker at the Democratic National Convention alleged this week that a Mitt Romney presidency would spell financial ruin for Medicare in four years.

The claim stems from earlier projections, made before the Democrats' health care reform law was passed in 2010, that Medicare's hospital insurance trust fund would be insolvent before the end of this decade.

soundoff (6 Responses)
  1. Teresa

    Of course he will.i certainly do not want to entrust this country in the hands of another republcan.

    September 7, 2012 07:22 am at 7:22 am |
  2. Gurgyl

    Mitt bankrupt not only Medicare but also USA and stashes money in Cayman Island fly to different nation just like Ferdinand Marco of phyllipenes,. True.

    September 7, 2012 07:24 am at 7:24 am |
  3. Marie MD

    Medicare would be the least of our problems. A lying dou presidency would bankrupt the country and finish the job shrub #43 couldn't.
    Think of yourselves in the 70s, 80s and 90s trying to sell your "voucher" to one insurance company after another and being denied health coverage.
    Seniors, parents and folks with pre existing conditions are already reaping the rewasrds ot Obamacare. Even people who might not be able to pay for medical insurance will be helped.
    The teapublikkklans ARE the death panel group.

    September 7, 2012 07:31 am at 7:31 am |
  4. T'sah From Virginia

    Hmm, I wonder if the RobMe campaign is paying attention to FACT-CHECKS now????????????? I mean, they should skip through these tickers and go on their merry way!!!

    Obama/Biden 2012 – The Only Trusted Way Forward!!

    September 7, 2012 08:09 am at 8:09 am |
  5. Stephen Bibb

    • Civilizations exist due to some degree of order and law and without it there is chaos and no possibility for a Gov to be established to provide and Regulate Order and Law for the benefit of humans that co-exist in the same location.
    • If there is no Gov, then by logical deduction we cannot have Civilization. If there is no Civilization and no form of agreeable Gov; I maintain it is impossible to achieve a sustainable economy for the masses.
    • Gov is given power and authority by people to Regulate and Implement Policies and Laws for the benefit of the people. It is the Gov’s job to:
    o Ensure Domestic Security and Safety
    o Ensure Domestic Economic Stability
    o Protect the Rights of its Citizens
    o Ensure its Citizens have Equal Opportunities
    o Promote Freedom, Democracy, Capitalism and Free Markets

    September 7, 2012 08:32 am at 8:32 am |
  6. Al-NY,NY

    Since Flip has stated over and over that he would repeal the ACA 'on day 1 of his presidency' then this statement is pretty much true. Of course action would need to be taken to help but since the GOP reneges on any agreement they make (the Supercommittee reducing military spending....oops, no way) they can be counted on for nothing. Their only solution is my way or the highway

    September 7, 2012 08:57 am at 8:57 am |