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Detailed text transcripts for TV channel - FOXNEWS - 20120816:17:38:00

Of all things you said which are not factually correct. go for it. start right now. paul ryan s budget includes $700 billion cuts you re emphasizing. there is vast difference. obama is taking money and those cuts are coming from extra reimbursements, overpayments, to private insurance companies from waste, fraud and abuse. he is directing that into senior care. the seniors today will not get one cent less in benefits than they cut. still cut frogs medicare. you re still cutting. first of all you re cutting waste, fraud and abuse. you re not cutting benefits. not where he is getting money. that is exactly right. he is not cutting from the senior care. he is cutting from overpayments to hospitals. now if you want to say . megyn: medicare advantage. to overpayments to providers. if you think for one second you re telling me that 50% of medicare is an overpayment because the white house didn t even claim that. let my clarify your facts. that 700 billion, the same 700 b ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120816:17:39:00

From beneficiaries from sign yors and barack obama cuts from overpayments to private insurers. if you think private insurers need to get paid more than they charge because the fact they re getting overpayments and seniors as a result will have eight years less of medicare that is the part where you re totally wrong. megyn: go ahead, ben. if you re 55 and older nothing changes under the ryan planning. wrong, wrong. i think i m smart enough and i think you re smart enough to have a choice put before you the same way we did with prescription drugs that says you can either state with the traditional model or you can use the money allocated to get your own insurance and that is competition. wrong. why am i not able to have that choice with barack obama. i guess he thinks i m not smart enough to choose between one or the other. wrong, wrong. bottom line what you want to do getting rid of obamacare which is exactly what paul ryan is talking about, things not closing doughnut hole ....

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