Medicare, 2012 Presidential Election | featured news

Mitt Romney’s promise to restore $716 billion that he says President Obama “robbed” from Medicare has some health care experts puzzled, and not just because his running mate, Representative Paul D. Ryan, included the same savings in his House budgets.

These days, President Obama is running as much against Paul Ryan as Mitt Romney. Having used the Medicare issue against Romney and his running mate Ryan -- who is chairman of the House Budget Committee -- Obama today zeroed in on education funding. "Putting a college education within reach for working families just doesn't seem to be a big priority for my opponent," Obama told supporters today in Columbus, Ohio.

Republican attacks on President Obama’s plans for Medicare are growing more heated and inaccurate by the day. Both Mitt Romney and Paul Ryan made statements last week implying that the Affordable Care Act would eviscerate Medicare when in fact the law should shore up the program’s finances.

“So here is the bottom line: My plan saves money in Medicare by cracking down on fraud and waste and insurance company subsidies. And their plan makes seniors pay more so they can give another tax cut to millionaires and billionaires.”

Escalating the campaign fight over Medicare, Republican vice presidential candidate Paul Ryan warned an audience of Florida seniors Saturday that changes to the program made by President Obama's healthcare plan will lead to rationing of care for the elderly.

As campaign debate over Medicare intensifies, former Gov. Mitt Romney and President Obama have been accusing one another of threatening the future of the government health insurance program for the elderly and disabled.

Before the presidential campaign hurtles off to the next skirmish, take a moment to notice what happened this week: Mitt Romney vowed to increase the national debt by $716 billion, and no one so much as blinked.

As a congressman in a comfortably safe Wisconsin district, Rep. Paul Ryan voted for some expensive initiatives while building a reputation as a serious conservative. But now that he is Mitt Romney's running mate, some of his ideological inconsistencies are now coming under the microscope.

Republican vice presidential contender Paul Ryan says he never would have included a $700 billion Medicare cut in his budget if President Barack Obama hadn't done it first.