I was told by people on the Left that Obama isn't going to defund medicare, no, he's going to "lower the cost" - ie like cost controls 1970's. When you don't pay a market price for something you get less of it in quality or quantity. Producers in that market may go where that can get justly compensated, or produce they will less. This worked on gasoline so well in the 1970's that you waited in line an hour to get gas.
The Obamacare money has to come from somewhere, The Left believes that by fiat, Medicare will be made cheaper, not cut. If they can do this by fiat, why haven't they done it before?