CAMPAIGN 2012

Obama Defends Medicare Stance in New Ad

Updated: August 17, 2012 | 8:35 a.m.
August 17, 2012 | 8:20 a.m.

 

The Obama campaign released a new ad on Friday that counters attacks by the Romney campaign on the president's Medicare policy.

The 30-second spot, called “Facts,” quotes a study by the AARP that says that President Obama’s signature 2010 health care reform law “cracks down on Medicare fraud, waste, and abuse,” and eventually “strengthens guaranteed benefits.” Wisconsin Rep. Paul Ryan’s plan, the ad says, would undermine the program and lead to higher costs.

“Get the facts,” the ad concludes.

On the trail, Ryan has defended his plan, saying it would save a Medicare program that has been gutted by the new health care law.

On Friday, the Republican National Committee released a countdown to Medicare’s bankruptcy. Under the president’s plan, the RNC claims, the program would go bankrupt in 4,153 days.

“As with many things, Barack Obama came to the White House in 2008 promising to reform Medicare,” RNC Chairman Reince Priebus said in a release. “Instead, he is the only president in history to cut the program by over $700 billion to help fund ObamaCare. By his own admission Medicare ‘is going broke.’ The president should have listened to his own words when he said that ‘we should have a serious conversation about Medicare and its long-term liability.’ We cannot continue down this path to Medicare bankruptcy.”

The ad will air in New Hampshire, Virginia, North Carolina, Florida, Ohio, Iowa, Colorado and Nevada.

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