Claim: As part of his ongoing health-care-overhaul tour, President Barack Obama held a town hall event July 1 in Annandale, Va. Among the president's messages: Medicare and Medicaid spending are getting out of control. And he's right. Obama said: "And for those who rightly worry about deficits, the amount our government spends on Medicare and Medicaid will eventually grow larger than what our government spends today on everything else combined," adding that a recent Congressional Budget Office study showed that "when you look at the rising costs of entitlement,
Fact-check: The Long-Term View - FactCheck.org
Verdict: as part of his ongoing health-care-overhaul tour, president barack obama held a town hall event july 1 in annandale, va. among the president's messages: medicare and medicaid spending are getting out of control. and he's right. obama said: "and for those who rightly worry about deficits, the amount our government spends on medicare and medicaid will eventually grow larger than what our government spends today on everything else combined," adding that a recent congressional budget office study showed that "when you look at the rising costs of entitlement,
Organisation: FactCheck.org
Author: Lori Robertson
Date published: 2009-07-01T18:22:38