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Obama for America Releases New Television Ad: Facts

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Obama for America Releases New Television Ad: Facts


response-bounces@barackobama.com on behalf of Obama for America Press [press@barackobama.com]
Sent:Friday, August 17, 2012 8:23 AM To: Obama for America Press [press@barackobama.com]

For Immediate Release: Friday, August 17, 2012 Contact: Obama for America Press (312) 985-1198 Obama for America Releases New Television Ad: Facts CHICAGO -- Mitt Romney continues to mislead the American people about President Obamas record on Medicare and skip the truth about his own plan to eliminate the guarantee of Medicare and provide people with a voucher to buy health care instead. To set the record straight, Obama for America is releasing a new television advertisement today titled Facts that cuts through the Romney campaign's false and hypocritical attacks. Governor Romney cynically claims that Obamacare weakened Medicare solvency, when in fact the exact opposite is true. The President has extended the life of the program by nearly a decade. If Romney had his way, it would run out of money by 2016. The Presidents health care law eliminates insurance company subsidies, and cracks down on waste and fraud in Medicare saving $716 billion and doesnt cut a single guaranteed Medicare benefit. Congressman Ryan included the same savings in his budget, which Romney called marvelous and said hed sign into law. The nonpartisan AARP says the health care reform law strengthens Medicare by extending its solvency and cracking down on fraud and wasteful subsides to insurance companies. And the AARP also said that the Ryan plan would undermine Medicare and could lead to higher costs for seniors. In fact, the Romney-Ryan vouchers would eliminate Medicares guaranteed benefits and could raise health costs by up to $6,400 per year. Thats hardly the formula for moving America forward. Facts will air in New Hampshire, Virginia, North Carolina, Florida, Ohio, Iowa, Colorado & Nevada. Please click HERE to watch the new ad.

AD VO: Im Barack Obama and I approve this message.

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8/17/12 8:25 AM

Obama for America Releases New Television Ad: Facts

https://nycowa2.timeinc.com/owa/?ae=Item&t=IPM.Note&id...

VO: Mitt Romneys attacking the President on MEDICARE? Visual: Washington Post 8/14/12 Romney turns Medicare attack against Obama in new ad

MITT ROMNEY IS ATTACKING THE PRESIDENT ON MEDICARE Washington Post Headline: Romney Turns Medicare Attack Against Obama In New Ad [Washington Post, 8/14/12] Romney Has Launched An Ad That Goes On Offense Against Obama On Medicare. As Democrats move to tie Mitt Romney to his newly minted running mates proposal to revamp Medicare as a voucher system for Americans currently under 55, the presumptive Republican presidential nominee has released a new TV ad that goes on offense against Obama on Medicare. [Washington Post, 8/14/12]

VO: The nonpartisan A-A-R-P says Obamacare cracks down on Medicare fraud, waste and abuseand strengthens guaranteed benefits... Visual: AARP cracks down on Medicare fraud, waste and abuse strengthens guaranteed benefits in Medicare 6/28/12 3/19/10

AARP: OBAMACARE CRACKS DOWN ON MEDICARE FRAUD, WASTE, AND ABUSE AND STRENGTHENS GUARANTEED BENEFITS AARP: The Affordable Care Act Cracks Down On Medicare Fraud, Waste, And Abuse. The ACA also expands the number of people eligible for free preventive and wellness benefits, and cracks down on Medicare fraud, waste and abuse. [AARP Press Release, 6/28/12] AARP: The Affordable Care Act Protects And Strengthens Guaranteed Benefits In Medicare. The legislative package [the Affordable Care Act] cracks down on insurance company abuses and protects and strengthens guaranteed benefits in Medicare, the program millions of our members depend on and in which millions more will soon enroll. It closes the dreaded Medicare Part D doughnut hole, a gap in prescription drug coverage that is life-threatening for many. And it improves efforts to crack down on fraud and waste in

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8/17/12 8:25 AM

Obama for America Releases New Television Ad: Facts

https://nycowa2.timeinc.com/owa/?ae=Item&t=IPM.Note&id...

Medicare, strengthening the program for todays seniors and future generations. [AARP Press Release, 3/10/12] VO: The Ryan plan? Visual: The Ryan Plan? VO: AARP says it would undermine Medicare and could lead to higher costs for seniors. Visual: would undermine the market power of Medicare and could lead to higher costs for seniors

THE AARP SAID THAT RYANS PLAN WOULD UNDERMINE MEDICARE AARP: The House Republican Budget Would Undermine The Market Power Of Medicare And Lead To Higher Costs For Seniors. On behalf of over 38 million members and other Americans who are age 50 and older, AARP is writing to express serious concerns with the House Concurrent Resolution on the Budget for Fiscal Year (FY) 2013. While the House Republican budget proposal offers ideas for confronting our nation's deficits and debt, AARP believes the proposal lacks balance, jeopardizes the health and economic security of older Americans, and puts at risk the bipartisan agreement on FY 2013 discretionary spending levels included in last years Budget Control Act. The plan fails to realize the negotiating power of Medicare and its impact on lowering costs for the Medicare program such as in Part D of the program. Converting Medicare to a series of private options would undermine the market power of Medicare and could lead to higher costs for seniors. [A. Barry Rand, AARP, Letter To Members of Congress, 3/21/12] RYANS VOUCHER PLAN COULD RAISE RETIREES COSTS BY MORE THAN SIX THOUSAND DOLLARS Center On Budget And Policy Priorities: Under Ryans Plan, Seniors On Medicare Would Pay $6,350 More In Out-Of-Pocket

VO: And experts say his voucher plan could raise future retirees costs more than six THOUSAND dollars. Visual: Raise seniors costs by $6,400 a year Center on Budget and Policy Priorities, 4/8/11

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8/17/12 8:25 AM

Obama for America Releases New Television Ad: Facts

https://nycowa2.timeinc.com/owa/?ae=Item&t=IPM.Note&id...

Costs By 2022. [Center on Budget and Policy Priorities, Off the Charts blog, 4/8/11] Under The House Republican Budget, Seniors Would End Up Paying Almost Twice As Much Out Of Their Own Pockets. When House Budget Committee Chairman Paul D. Ryan unveiled his blueprint this week for cutting federal spending by $5.8 trillion over the next decade, he argued that a revamping of the government's health safety net would rein in skyrocketing costs. But because commercial insurers cost more to run than government plans, the Wisconsin Republican's proposal to privatize Medicare starting in 2022 would actually spark a dramatic increase in how much the nation spends on healthcare for the elderly, according to an independent analysis by the nonpartisan Congressional Budget Office. Even as the federal government cut its own spending, seniors would end up paying almost twice as much out of their own pockets or more than $12,510 a year, the CBO estimates This voucher system or premium support, as Ryan calls it would give the typical 65-year-old American $8,000 annually to buy a health plan, about the same amount of money that analysts expect the Medicare program would spend on that senior in 2022 under the current program. But the cost to buy private insurance, plus the projected out-of-pocket spending that the 65-year-old would have to pay for medical care in 2022, would total about $20,510 per year, according to the CBO, which both Republicans and Democrats rely on to independently evaluate the effects of proposed legislation. That would leave the senior to pay the difference, an estimated $12,510. By comparison, if the current Medicare program is continued, the CBO estimated that it would cost about $14,770 to provide insurance to that same 65-year old in 2022, assuming Congress did

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8/17/12 8:25 AM

Obama for America Releases New Television Ad: Facts

https://nycowa2.timeinc.com/owa/?ae=Item&t=IPM.Note&id...

not dramatically slash payments to doctors. That would leave the senior to pay just $6,150 out of pocket. [Los Angeles Times, 4/7/11] VO: Get the facts. Visual: Get the Facts: MedicareFacts.com

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