Overview of this lieDate Originated:
December of 2009Target of Lie: Barack ObamaCategories: Medicare
& Barack Obama
Republican claim first made in 2009 during the health care debate. According to the Medicare Boards of Trustees, Medicare Parts B and D were "both projected to remain adequately financed into the indefinite future because current law automatically provides financing each year to meet the next year’s expected costs." And although the Trust Fund for Part A is projected to be exhausted in 2029, revenue will still cover 85 percent of costs.