In response to:

Smoking Gun: Obama Admits He Cut Billions from Medicare to Fund Obamacare

TH Poster Wrote: Aug 16, 2012 12:16 PM
"BUT ROMNEY-RYAN CAN’T WIN UNLESS YOU BELIEVE THIS GREAT BIG FALSEHOOD! " But, Obama has ADMITTED that's EXACTLY what he did, cut $716 billion dollars from Medicare and put it into ObamaCare. Hmmmmm???

We've been having some fun with a clip of David Axelrod angrily denouncing the fact that President Obama gutted Medicare by $700 Billion in order to partially pay for a brand new entitlement program.  Axelrod's campaign colleague Stephanie Cutter refuted him on another show, calling the Medicare cuts an "achievement."  But pay attention to the argument Axelrod makes here:


"You're repeating a misstatement by the Republicans.  I would call it a lie." 

Now let's take a look at...