Mitt Romney said today President Obama’s Affordable Care Act will cut more than $700 billion out of Medicare. What Romney didn’t say was that his running-mate’s budget — approved by House Republicans and by Romney himself — would cut the same amount out of Medicare. The big difference, though, is that the Affordable Care Act achieves these savings by reducing Medicare payments to drug companies, hospitals, and other providers rather than cutting payments to the Medicare beneficiaries. The Romney-Ryan plan, by contrast, achieves its savings by turning Medicare into a voucher whose value doesn’t keep up with expected increases in healthcare costs — thereby shifting the costs onto Medicare beneficiaries, who will have to pay an average of $6,500 a year more for their Medicare insurance, according to the non-partisan Congressional Budget Office. Spread the word. Don’t allow the GOP to get away with this pure demagoguery.