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VIDEO: Ryan details Obamacare's financial frauds

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Politics,Beltway Confidential,Conn Carroll

Making the case for why Mitt Romney should pick Paul Ryan to be his running mate, I wrote this week:

Romney could not find a person better prepared to articulate these contrasting visions. No other possible candidate has spent more time challenging Obama face-to-face than Paul Ryan. Just go back and look at the C-SPAN feed from the Blair House Health Care Summit in February 2010. Despite speaking for just under 10 minutes, Ryan stole the show by exposing every last one of Obamacare's spending lies.

He noted, as the Congressional Budget Office has since confirmed, that the true 10-year price tag of Obamacare was north of $2 trillion, not the sub-trillion number Obama was selling to the American people. Ryan called the CLASS Act "a Ponzi scheme that would make Bernie Madoff proud;" a fact that Obama's own Department of Health and Human Services has since been forced to acknowledge. And Ryan noted that despite all the trillions Obamacare did spend, it did nothing to fix doctors' Medicare reimbursement payments -- payments which, thanks to Obama's neglect, are set to be cut by one-third come January 1st.

Ryan went on to sum up his dressing-down of Obama, "There really is a difference between us. And it's basically this. We don't think the government should be in control of all of this. We want people to be in control. And that, at the end of the day, is the big difference."

Video of the exchange described is posted above. The cutaways to Obama as his annoyance with Ryan rises are priceless. No wonder Obama was so eager to viciously attack Ryan in his 2011 budget speech.

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