August 20, 2012

Obama, Romney aides spar over Medicare funds

The candidates return to campaigning this week in states including Nevada, Ohio and New Hampshire.

The Associated Press

WOLFEBORO, N.H. - President Obama and Republican challenger Mitt Romney spent a quiet Sunday attending church with their families, resting up for the campaign's final 11 weeks and the approaching party nominating conventions.

While the Romneys enjoyed sunshine in New Hampshire and the Obamas endured rain in Washington, their surrogates sparred over Medicare and taxes on the Sunday talk shows.

Obama and Romney plunge back into heavy campaigning and fundraising this week. Targeted states include Ohio, Nevada and New Hampshire.

The debate's dominant topic remains how to tame Medicare's explosive growth without hurting the millions of elderly Americans, and future retirees, who count on it to pay for health care.

TV interviewers pressed Romney aides to explain how the GOP ticket can restore a proposed $716 billion cut in Medicare spending's growth over 10 years without worsening the program's projected shortfall in funding. They noted that Romney's running mate, House Budget Committee Chairman Paul Ryan of Wisconsin, originally joined Obama in backing the proposed $716 billion, 10-year reduction.

Romney adviser Eric Fehrnstrom told CNN's "State of the Union" that Ryan and Romney are now in accord. The $716 billion can safely remain in the program, he said, because Romney will "introduce choice and competition through more private plans."

Romney also would trim benefits for wealthier people and gradually raise the eligibility age. None of his proposed changes would affect Americans now 55 or older.

Obama aide Stephanie Cutter, also on CNN, said Romney's plan to keep the $716 billion in Medicare over 10 years would do nothing to shore up the program.

"They're going to use taxpayer dollars to give subsidies to insurance companies," she said.

Obama's proposed reductions would not hurt Medicare recipients, Cutter said, because he'd create incentives for health providers to be more efficient.

On "Fox News Sunday," Republican adviser Ed Gillespie was asked about a nonpartisan Congressional Budget Office finding that under Romney's "premium support" proposals, "Medicare beneficiaries will bear a much larger share of their health care cost."

"We reject that in our analysis," Gillespie said. He said Romney's overall plans, including a higher eligibility age, eventually would slow the program's growth.

On another front, Gillespie disputed Obama's claim that Romney's call for deeper tax cuts will unfairly benefit the wealthy and worsen the deficit.

Romney's plan, Gillespie said, "would allow for households with incomes less than $200,000 to not pay on capital gains and dividends, because we believe that would help foster job creation."

 

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