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Former Republican vice presidential candidate Paul Ryan on Sunday admitted that the entire Republican budget was based on repealing Obamacare, President Barack Obama's health care reform law.

During an interview on Fox News Sunday, host Chris Wallace asked Ryan how the Republican budget could cut $770 billion out of Medicare in the next 10 years without impacting benefits.

"These are increases that have not come yet," the Wisconsin congressman explained. "So by repealing Obamacare and the Medicaid expansions, which haven't occurred yet, we are basically preventing the explosion of a program that is already failing. So we're saying, don't grow this program through Obamacare because it doesn't work."

"Are you saying, as part of you budget, you would repeal -- you assume the repeal of Obamacare?" Wallace pressed.

"Yes," Ryan insisted.

"Well, that's not going to happen," Wallace pointed out.

"Well, we believe it should, that's the point," Ryan replied. "This is what budgeting is all about, Chris. It's about making tough choices to fix our country's problems. We believe that Obamacare is a program that will not work."

After Obama's re-election in November, House Speaker John Boehner suggested that Republicans were trying to pivot away from an obsession with repealing the Affordable Care Act.

"I think the election changes that," Boehner told ABC's Diane Sawyer. "It's pretty clear that the president was re-elected, Obamacare is the law of the land."

But in January, Republicans voted for the 33rd time in 18 months to repeal the health care reform law.

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Romney came right out of the gate at this Saturday night's ABC Republican primary debate lying about his job creation record at Bain Capital.

Here's part of the exchange via the LA Times -- Romney takes heat over Bain record:

Asked to respond to an anti-Romney ad campaign that will be waged by a super PAC backing his candidacy, former House speaker Newt Gingrich shied away from directly endorsing the ads – which scrutinize Romney's record at Bain Capital – but delivered a pointed jab at the Bain business model.

“I'm not nearly enamored of a Wall Steet model where you can flip companies, you can go in and have leveraged buyouts, you can basically take out all the money, leaving behind workers,” Gingrich said.

Pressed to explain a comment he made last month that Romney earned his fortune by “bankrupting companies and laying off workers,” Gingrich punted, referring instead to a New York Times story that detailed the history of one company that was taken over by Bain.

“Well, I”m not surprised to have the New York Times try to put free enterprise under trial,” Romney said. “I'm not surprised to have the Obama adminsitration do that either. It's a little surprising from my colleagues on this stage.”

Romney again repeated his claim that Bain created 100,000 jobs under his leadership. His math has been questioned in recent news reports – like this one from the Washington Post, which says the 100,000 figure “obviously does not include job losses from other companies with which Bain Capital was involved — and are based on current employment figures, not the period when Romney worked at Bain.”Romney defended the figure: “I'm a good enough numbers guy to make sure I've got both sides of that.”

The Washington Post's Ezra Klein was following the debate on Twitter and noted that Romney's claim about the net-net on job losses is just not true and pointed to this article as well as the one linked from the LA Times above:

Why is Romney doing such a lousy job defending his record at Bain Capital?

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December 21, 2009 ABC News

It was the first public comment by the Iranian leader on the two-page document since its existence was revealed by The Times of London last week.

According to the newspaper, the document shows Iran has been secretly working on testing a neutron initiator -- the part of a nuclear bomb that triggers an explosion. The technology has no use aside from detonating a nuclear weapon.

Critics of the Iranian regime have seized on the revelation as a smoking gun -- one of the strongest indicators yet of a continuing nuclear weapons program in Iran.

But when asked point-blank whether Iran had been testing a neutron initiator, the Iranian president was dismissive.

"I think that some of the claims about our nuclear issue have turned into a repetitive and tasteless joke," Ahmadinejad said in the interview.

Asked about Ahmadinejad's allegation that the U.S. government fabricated documents, White House Senior Adviser David Axelrod said: "Of course that's nonsense." Read more at ABC News

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SNL spoofs Dick Cheney's complete and utter lack of regret for anything that's happened for the last eight years and his willingness to basically stick his middle finger in the eye of the American public during the Bush administration's revisionist history legacy tour.