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The "gutting" of 716 billion is favored by both sides and I am not sure it is accurate that it is to help pay for Obamacare. Adjustments in payments to insurers and providers is supposed to cover those costs. I agree, as I have said repeatedly on here over the years, that it is going to take tax increases and cuts in spending to deal with the deficit. What sacrifices are made is the question. Obama would moderately raise taxes on the top 1% to where they were prior to Bush 2. He would maintain middleclass rates. Romney likes the Ryan plan, which would astronomically lower taxes for the extremely wealthy and the middle class would pay more in taxes and more for health care/medicare. The Obama health law pays for itself and reduces the deficit and, as the CBO has pointed out, if Republicans overturn it it will add $100+ billion to the deficit. That is why I find the argument that Romney and Ryan will lower everyones taxes, get people off of food stamps, and "restore" the by the people, for the people to be a farse.
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