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Lie #14: Biden Claimed Ryan Plan Would Bankrupt Medicare In 2016

- September 7, 2012

THE LIE: BIDEN: “What They Didn’t Tell You Is What They’re Proposing Would Cause Medicare To Go Bankrupt By 2016”

THE TRUTH: The Washington Post’s Fact Checker: “This Is Wrong” “This is wrong. There are different parts of Medicare, much of which is paid from general revenues and premiums. Part A, which pays hospitals, has a ‘trust fund,’ made up of special-issue Treasury bonds, that always seems to be on the edge of running dry.” (Glen Kessler, “Biden wrong on Ryan’s Medicare plan,” The Washington Post, 9/6/12)


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