claim: "obamacare takes $500 billion out of medicare and funds obamacare."
author: mitt romney
evidence_1: jun 15, 2011 ... in the health care bill, the anticipated savings from medicare were used to help  offset some of the anticipated costs of expanding health care for all americans. in  reality, the money is all fungible, but romney is on relatively solid ground when  he says “obamacare takes $500 billion out of medicare and funds ...
evidence_2: sep 12, 2011 ... "we know that president obama stole over $500 billion out of medicare to switch  it over to obamacare. ... the bill doesn't take money out of the current medicare  budget but, rather, it attempts to slow the program's future growth, curtailing just  over $500 billion in anticipated spending increases over the next ...
evidence_3: aug 1, 2012 ... last week, a new congressional budget office (cbo) report updated the amount  of money obamacare robs out of medicare from $500 billion to a whopping $716  billion between 2013 and 2022. according to the cbo, the payment cuts in  medicare include: a $260 billion payment cut for hospital services.
evidence_4: aug 16, 2012 ... by contrast, obamacare cut $716 billion from medicare in order to fund $1.9  trillion in new health care spending, through the law's expansion of ... however,  on an apples-to-apples basis, if you take out the extra benefits, medicare  advantage plans are 9 percent cheaper than government-run plans.
evidence_5: aug 16, 2012 ... the program is not being gutted. even with the aca cuts, the cbo says the cost  of medicare is expected to grow from about $500 billion in 2012 to nearly $900  billion by 2022. ... payments to quality metrics. the second bunch of money that  gets cut from medicare under obamacare comes from providers.