$716 billion

MedicareElectionsPoliticsPaul RyanHealth InsuranceBarack ObamaMitt Romney
GOP presidential candidate Mitt Romney and his running mate, Rep. Paul Ryan (R-Wis.), have repeatedly accused President Obama of "cutting" $716 billion from Medicare in order to offset the cost of the 2010 healthcare law. Those "cuts," which Ryan incorporated into his own budget proposals,... Evan Vucci / Associated Press