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Detailed text transcripts for TV channel - FOXNEWS - 20121019:13:43:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121019:13:43:00

8 billion is what they're shifting right now. you know to pay for this multitrillion dollar obamacare, they had to cut medicare. you know, people talk about plans and what folks are going to do, particularly on our side of the aisle. this is already done. this is in law. but to finance this health care monster, you're going to have to take 700 million out, and you can, you can go 100 million here or there, out of medicare. medicare advantage over 10 years gets a trim of $200 billion. this is the first, and again, all of these things phase in. this is the first phase-in of biting into medicare ...

Detailed text transcripts for TV channel - FOXNEWS - 20121019:13:42:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121019:13:42:00

Think, we are correct in what we found so far in our committee and what chairman issa is asking for today in documentation. what's happening is as parts of the obamacare plan are going into effect, and to mask some of the cuts in programs like medicare advantage, what they're doing is shifting money around so cuts that would have come into play, we started the fiscal year, october 1st, they're taking money, appropriated money, shifting in so seniors who are on medicare advantage won't see the damage that's going to be done. so even gao has said that this is not, they, they determined it a demo...

Detailed text transcripts for TV channel - FOXNEWS - 20121019:13:41:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121019:13:41:00

Why would that be, 2 1/2 weeks away from an election? here is congressman issa with neil cavuto just yesterday. >> in other words this special project will backfill hundreds of billions of dollars a year worth what the obamacare took out of medicare is in fact a little ploy to get around appropriations and get around admitting that obamacare is defunding medicare advantage and other programs. bill: so the point he is making there is quite obvious. now florida congressman john mica is republican and also sits on the house oversight and government reform committee. sir, good morning to you. than...