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Paul Ryan Told 24 Myths In 40 Minutes

Here's a rundown of Ryan's distortions.
 
 
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Paul Ryan spoke for 40 of the 90 minutes during Thursday night’s vice presidential debate and managed to tell at least 24 myths during that time:

1) “It took the president two weeks to acknowledge that [the Libya attack] was a terrorist attack.” Obama used the word “terrorism” to describe the killing of Americans the very next day at the Rose Garden. “ No acts of terror will ever shake the resolve of this great nation, alter that character, or eclipse the light of the values that we stand for,” Obama said in a Rose Garden statement on September 12.

2) “The administration was blocking us every step of the way. Only because we had strong bipartisan support for these tough [Iran] sanctions were we able to overrule their objections and put them in spite of the administration.” Even the Israeli President has  effusively praised President Obama’s leadership on getting American and international sanctions on Iran, which have significantly  slowed Iran’s progress.

3) “Medicare and Social Security are going bankrupt. These are indisputable facts.” [T]he possibility of Medicare going bankrupt is — and historically has been — greatly exaggerated. In fact, if no changes are made, Medicare would still be able to meet  88 percent of its obligations in 2085. Social Security is  fully funded for another two decades and could pay 75 percent of its benefits thereafter. There is  also an easy way to ensure the program’s long-term solvency without large changes or cuts to benefits.

4) “The vice president was in charge of overseeing this. $90 billion in green pork to campaign contributors and special interest groups.” Multiple reviews, including an independent review of all Department Of Energy loan programs by Herb Allison –- finance chair for McCain for President 2008 –- have  found no “pork” in the stimulus’ funding of green projects, concluding that the loans were not steered to friends or family, as Ryan claims.

5) “Was it a good idea to spend taxpayer dollars on electric cars in Finland, or on windmills in China?” As PolitiFact has  pointed out, the money for electric cars in Finland did not come from the stimulus. Rather, it originated with the Energy Department’s Advanced Technology Vehicles Manufacturing program, which predated the Obama administration. The claim about “windmills in China” is also  inaccurate.

6) “When they see us putting – when they see us putting daylight between ourselves and our allies in Israel, that gives them encouragement.” The Israeli Deputy Prime Minister and Defense Minister, Ehud Barak, told CNN, “President Obama is doing …  more than anything that I can remember in the past [in regard to our security].”

7) “You see, if you reform these programs for my generation, people 54 and below, you can guarantee they don’t change for people in or near retirement.”Here is how the Romney/Ryan Medicare plan will  affect current seniors: 1) by repealing Obamacare, the 16 million seniors receiving preventive benefits without deductibles or co-pays and are saving $3.9 billion on prescription drugs will see a cost increase, 2) “premium support” will increase premiums for existing beneficiaries as private insurers lure healthier seniors out of the traditional Medicare program, 3) Romney/Ryan would also lower Medicaid spending significantly beginning next year, shifting federal spending to states and beneficiaries, and increasing costs for the 9 million Medicare recipients who are dependent on Medicaid.

8) “Obamacare takes $716 billion from Medicare to spend on Obamacare.” Ryan is claiming that Obamacare siphons off $716 billion from Medicare, to the detriment of Medicare beneficiaries. In actuality, that money is saved primarily through reducing over-payments to insurance companies under Medicare Advantage, cutting waste fraud and abuse, and eliminating  inefficiencies in the system. Ryan’s budget plan keeps those same cuts, but directs them toward tax cuts for the rich and deficit reduction.

 
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