Obama hits Romney with new Medicare study

Scott McIntyre/Staff
President Barack Obama greets members of the crowd after he addressed a large crowd at the Kissimmee Civic Center on Saturday September 8, 2012.

Photo by SCOTT MCINTYRE // Buy this photo

Scott McIntyre/Staff President Barack Obama greets members of the crowd after he addressed a large crowd at the Kissimmee Civic Center on Saturday September 8, 2012.

Scott McIntyre/Staff
Supporters cheer on as President Barack Obama speaks at a campaign event at the Kissimmee Civic Center on Saturday September 8, 2012.

Photo by SCOTT MCINTYRE // Buy this photo

Scott McIntyre/Staff Supporters cheer on as President Barack Obama speaks at a campaign event at the Kissimmee Civic Center on Saturday September 8, 2012.

Republican presidential candidate Mitt Romney, right,greets NASCAR chairman Brian France, center rear, and his wife Amy France during a visit to the NASCAR Sprint Cup Series auto race at the Richmond International Raceway in Richmond, Va., Saturday, Sept. 8, 2012. (AP Photo/Steve Helber)

AP

Republican presidential candidate Mitt Romney, right,greets NASCAR chairman Brian France, center rear, and his wife Amy France during a visit to the NASCAR Sprint Cup Series auto race at the Richmond International Raceway in Richmond, Va., Saturday, Sept. 8, 2012. (AP Photo/Steve Helber)

— President Barack Obama is drawing fresh attention to Medicare in all-important Florida, seizing on an election-year issue that's been more favorable to Democrats.

Campaigning for a second day in a state where older voters and workers approaching retirement hold sway, Obama was expected to highlight a study by a Democratic leaning group that concluded that on average a man or woman retiring at age 65 in 2023 would have to pay $59,500 more for health care over the length of their retirement under Mitt Romney's plan.

The numbers are even higher for younger people who retire later, the study found. A person who qualifies for Medicare in 2030 — today's 48-year-old — would see an increase of $124,600 in Medicare costs over their retirement period.

While Romney's changes to Medicare would affect future retirees, the study also said that the Republican presidential nominee's plan to get rid of Obama's health care law could raise health care costs in retirement by $11,000 for the average person who is 65 today by reinstating limits on prescription drug coverage.

The study was conducted by David Cutler, a Harvard professor and health policy expert who served in the Clinton administration and was Obama's top health care adviser during the 2008 presidential campaign. Cutler conducted the study for the liberal Center for American Progress Action Fund.

Romney would seek to contain Medicare costs by giving retirees voucher-like government payments that they could use to either buy regular Medicare or private health insurance. But Cutler says older Americans would have to pay more out of pocket to cover the rising costs of health care.

While Obama was continuing his two-day, post-convention swing with stops in Melbourne and West Palm Beach, Romney headed to church in Boston on a day off from campaigning.

But Romney and his running mate, Wisconsin Rep. Paul Ryan, were hardly out of public view, with morning interviews running on several Sunday talk shows.

Romney, who promised early in his campaign to repeal Obama's health overhaul, told NBC's "Meet the Press" that he would keep several important parts of the law.

"Of course there are a number of things that I like in health care reform that I'm going to put in place," he said. "One is to make sure that those with pre-existing conditions can get coverage."

Romney also said he would allow young adults to keep their coverage under their parents' health-insurance.

"I say we're going to replace Obamacare. And I'm replacing it with my own plan," Romney said. "And even in Massachusetts when I was governor, our plan there deals with pre-existing conditions and with young people."

Ryan, who was on the West Coast, took issue with Obama's claim that Romney and Ryan are "new to foreign policy" and want to take the U.S. back "to an era of blustering and blundering that cost America so dearly."

Ryan, a congressman since 1999, said on CBS' "Face the Nation" that he has more foreign policy experience than Obama did before he entered the White House. Such "name calling" is "what people do when they have nothing else to offer," he said.

On the Medicare front, Obama aides believe they successfully forced Romney to temporarily drop his emphasis on the sluggish economy last month by raising the Medicare issue in the wake of Romney's selection of Ryan as his running mate. Romney and Ryan countered by arguing that Obama planned to cut hundreds of billions of dollars in Medicare spending over 10 years to pay for his health care plan.

Whether either side gained politically from that debate is unclear. But Republican analysts say it did take Romney off his economic focus, which they say is essential for him to win the election, especially after a bleak jobs report that showed meager job growth and more unemployed people choosing not to seek work.

Campaigning in Kissimmee on Saturday, Obama had already worked Medicare into rally speeches.

"I want you to know I will never turn Medicare into a voucher," he said. "I believe no American should ever have to spend their golden years at the mercy of insurance companies. After a lifetime of labor, you should retire with dignity and respect."

Vice President Joe Biden called the GOP plan "Vouchercare."

Biden said Saturday in Ohio the Romney and Ryan plan would force "Mom" to go out into the insurance market and look for the best deal she can find. If the plan costs more than the voucher amount, "They say, 'Mom go borrow somewhere' " to pay for it, Biden said.

Cutler's Democratic affiliations make him vulnerable to accusations of partisanship. But much of his data is drawn from studies by the independent Congressional Budget Office, which has projected even higher costs to future retirees under a 2011 budget plan written by Ryan, who is chairman of the House Budget Committee.

The budget agency said future retirees would pay more under Ryan's plan than if they went into traditional Medicare. By 2030, a typical 65-year-old would be paying two-thirds of his or her health costs, the agency said.

Romney spokeswoman Amanda Henneberg said the vice president's comments were "further proof that the Obama campaign is unable and unwilling to talk honestly or substantively about the most important issues driving the country."

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Comments » 16

panola60 writes:

"study by a Democratic leaning group" ???

Obama broke his promise to not force Americans to buy health insurance.

Obama broke his promise that obamacare would not be a tax.

Obama broke his promise that Obamacare will reduce healthcare costs.

Obama broke his promise that that if you like their current health plan you can keep it.

Obama broke his promise to have the congressional health care negotiations broadcast live on C-SPAN.

RayPray writes:

in response to panola60:

"study by a Democratic leaning group" ???

Obama broke his promise to not force Americans to buy health insurance.

Obama broke his promise that obamacare would not be a tax.

Obama broke his promise that Obamacare will reduce healthcare costs.

Obama broke his promise that that if you like their current health plan you can keep it.

Obama broke his promise to have the congressional health care negotiations broadcast live on C-SPAN.

Same as for 2008, word in the 'hood is that, soon as he wins our great OBAMA plans to pay off your student loans and bad credit debt....

Will our credulous food stamp class buy into this again?

1Paradiselost writes:

This is for the Republicans that can read:

Romney Claim on Obama Welfare Changes Doesn’t Hold Water

Mitt Romney’s campaign is doubling down on its claim that President Obama “gutted” the work requirement under the 1996 welfare reform law. A new ad released Monday is more specific about the claim than in the past.
“On July 12, President Obama quietly ended the work requirement, gutting welfare reform,” the ad says.

But on July 12, the Obama administration did nothing of the sort.

The memo came in response to inquiries by several states, including Utah, Nevada, California, Connecticut and Minnesota, about waiving some provisions of the law “to improve program effectiveness.” “HHS is encouraging states to consider new, more effective ways to meet the goals of TANF, particularly helping parents successfully prepare for, find, and retain employment,” the memo says. “Therefore, HHS is issuing this information memorandum to notify states of the Secretary’s willingness to exercise her waiver authority under section 1115 of the Social Security Act to allow states to test alternative and innovative strategies, policies, and procedures that are designed to improve employment outcomes for needy families.”

The Romney campaign appears to be focusing on a later passage in the memo that claims HHS has the authority to allow states to test alternatives — including “definitions of work activities and engagement, specified limitations, verification procedures, and the calculation of participation rates.”
But the next sentence says, “HHS will only consider approving waivers relating to the work participation requirements that make changes intended to lead to more effective means of meeting the work goals of TANF.”

In an attempt to bolster its claim that the president is soft on welfare reform, the Romney campaign points to comments Obama made in 1998, two years after the work requirements were signed into law by President Bill Clinton.
“I was not a huge supporter of the federal plan that was signed in 1996,” said Obama, then an Illinois state senator, at a Brookings Institution panel on economic revitalization of cities on June 8, 1998. But the Romney campaign leaves off the rest of the quote, in which Obama says the reforms could lead to a broader coalition to push for more economic opportunity — and jobs — for lower income people.
“I do think there was a potential political opportunity that arose out of welfare reform,” Obama said, “and that is to desegregate the welfare population, meaning the undeserving poor, black folks in cities, from the working poor — deserving white, rural as well as suburban. Now you’ve got just a bunch of folks who are struggling at the bottom of the economic class.”

http://www.cnbc.com/id/48754671

August8 writes:

This guy Obama and his minions are the biggest liers known to man, look at their results and there is no denying it, plain and simple.
You guy's lick in $10 bucks a monthe for birth control pills if you want, for me the answer is never.

RayPray writes:

in response to August8:

This guy Obama and his minions are the biggest liers known to man, look at their results and there is no denying it, plain and simple.
You guy's lick in $10 bucks a monthe for birth control pills if you want, for me the answer is never.

Just wait!

After victory over Robot Romney, Barrak I Epiphanes will divinely elevate the spirit of America by putting all of the non-greedy 99% on Food Stamps.

1Paradiselost writes:

When Brain-Eating aliens attack earth,

Republicans and FOX fans will be safe.

tathiede writes:

Everyone should see the movie 2016 at the theaters. The general media won't speak of it so it's up to you to go see it. It is very enlightening! They should show it on TV.

WhiskeyTangoFoxtrot writes:

Are you people s-----? Health care costs are rising so fast there is no way the federal budget or the citizens (upper middle class and below) can even attempt to keep up with them. You people that worked hard your whole life and retired reasonably well but are not ultra wealthy. You are about to be screwed. No matter what party is elected. Your medicare and Rx bennies are going to be drastically reduced once we get this election over. That or your taxes are going to rise dramatically. This is just simple math. And massive spending by Rx and health care lobbies in DC.

Do a google search for Alternative minimum tax (AMT) increase. .Gov is looking for money and they know how to get it. The IRS knows no donkeys or elephants. In 2010 only 4.4 million paid AMT. If congress does nothing this year 33 million will pay AMT in 2013. Bye Bye middle class, small business. AMT eliminates deductions like mortgage interest, child care expense, charitable contributions, property taxes, etc.

I can't wait to get this election over! The shizz is about to get real once the B.S. season is over!

Teachers in Chi Town are striking for nothing. They will never see a dime of their retirement anyway. There are $60Trillion in unfunded liabilities (promises we can't keep) in America. Good luck teachers! Advice for you...Become a bank holding company and threaten end of the world and marshal law. They will give you a blank check. Unfortunately education is not as important as banker bonuses and elections! So, just quit! Find a new job. Kids are all aholes anyways!

panola60 writes:

Obamacare's Gross Costs Double to $1.76 Trillion, CBO Projects

The gross costs of the national healthcare law rammed through Congress by President Barack Obama will reach an estimated $1.76 trillion over 10 years – nearly twice the amount originally projected.

WhiskeyTangoFoxtrot writes:

in response to panola60:

Obamacare's Gross Costs Double to $1.76 Trillion, CBO Projects

The gross costs of the national healthcare law rammed through Congress by President Barack Obama will reach an estimated $1.76 trillion over 10 years – nearly twice the amount originally projected.

$1.76 Trillion over 10 years? How? This year alone it was estimated at$805 Billion. That will turn out to be too low. It will be $1 Trillion next year. We take in $2.3 Trillion in tax revenue. Health care will consume almost half that within 2 years. If you look at the last few NFP numbers people being removed from the labor force every month. This makes the unemployed number look better. It also is saying less people working = less people paying in. That means the $2.3 Trillion in revenue will start to decline while everything else is rising. Taxes are going to rise or benefits are going to decline. In Europe they choose the latter and call it austerity. That has the same effect on the economy as raising taxes. It's a catch 22. Either way the rising costs caused by government spending to mask the state of the real economy kills you.

The only way to fix this right now is to cut the federal budget in half and get the government out of the way of business, all business, allow free markets to work, price discovery (cost of goods and services) is a function of the markets, not government. Sadly, that won't happen because people are to dependent on .gov and bringing real cuts like that won't get politicians elected. It will also mean price deflation in all assets. The boomers won't like that. It is why Bernanke is hell bent on artificially supporting home prices, stock prices, auto prices, everything. Capitalism is a boom bust mechanism. Central banks around the world are desperately trying to stop the deflationary cycle. I don't think they will be able to slowly deflate 30 years of artificial inflation caused by a credit binge.

WhiskeyTangoFoxtrot writes:

in response to GorchFock:

(This comment was removed by the site staff.)

Klaus,
I don't know what you are asking? If you are asking why health insurance companies are making record profits in Europe I can only speculate. Record high premiums and lower cost procedures and Rx there than here in the US. Why would anyone in Europe even buy health insurance? Isn't is all free there?

Health insurance companies here in America are doing pretty well too. Why? Because there is no competition. They lobby DC. DC does what makes the Health insurers and DC more money.

What I wrote regarding rising taxes or austerity was in regards to governments. Ask the Irish, Greeks, or Portuguese how they like austerity measures being forced on them. Spain and Italy will be where the real fun begins.

It is interesting that Rush is now saying economic collapse is coming. In keeping with his theme he says it will only happen if Obama has 4 more years. I wish he would explain to his audience how the R&R ticket is going to reverse 30 years rapid credit expansion, huge entitlement expansion, 20+ years of middle class jobs being off shored, a health care system with costs rising 9%+ every year, and $60 trillion in unfunded liabilities. It is encouraging though that people like him are starting to see the light.

WhiskeyTangoFoxtrot writes:

in response to GorchFock:

(This comment was removed by the site staff.)

Klaus,
I did no mean literal free health insurance.

America is not under taxed. America is over taxed. Our country was not founded on an entitlement based economy. Somewhere we lost the founding fathers principals.

Obama or the R&R ticket is a one way ticket back to pre America.

If you have a 27 point program to restore America you need to send it to Obama. He's 3+ years into his term and has yet to produce even a simple Federal budget!

WhiskeyTangoFoxtrot writes:

Klaus,
I am happy that you believe in one mans vision of a future America. I am happy that you believe that the system of checks and balances is not applicable to current politics. You must feel that the Obama administration has all the answers. That they should never question any other ideologies?

Hitler felt the exact same way. He was right and everyone else was wrong. He managed to convince a majority of Germans of his ideologies. He convinced a nation that the Jews were the cause of their hyper inflationary woes. What will be different when the people of Spain, Greece, and Italy are looking for some one to blame?

Germans must be very week minded people? Your leader Merkel bends to the whims of the ECB and IMF on command. No wonder we easily destroyed the Germans in WW2. Can you e-mail some of your family and friends in Germany to support me and my family the same way they are going to support the rest of Southern Europe? I don't need much. LOL!!

1Paradiselost writes:

Rummy's a guy who does not even support/invest in his own countries future. What kind of American could vote/support such a dishonest person?

He's going to take your interest deduction away for home mortgages. After he does that you will be able to by a house here for 25 grand.

Remember when Reagan took away the interest deductions for cars and credit cards?

“If you want a you’re-on-your-own, winner-take-all society, you should support the Republican ticket,”

Clinton continued. “If you want a country of shared prosperity and shared responsibility — a we’re-all-in-this-together society — you should vote for Barack Obama

Where's Willard Mitt Romney's the tax returns?

26yearsonmarco writes:

You be the Judge:

Obama Care Highlighted by Page Number
THE CARE BILL HB 3200

JUDGE KITHIL IS THE 2ND OFFICIAL WHO HAS OUTLINED THESE PARTS OF THE CARE BILL.
Judge Kithil of Marble Falls, TX - highlighted the
most egregious pages
of HB3200

Please read this........ especially
the reference to pages 58 & 59

JUDGE KITHIL wrote:

**
Page 50/section 152: The bill will provide insurance to
all non-U.S. residents, even if they are here illegally.

**
Page 58 and 59: The government will have real-time access to an
individual's bank account and will have the authority to make
electronic fund transfers from those accounts.

**
Page 65/section 164: The plan will be subsidized (by the
government) for all union members, union retirees and for
community organizations (such as the Association
of Community Organizations for Reform Now -
ACORN).

**
Page 203/line 14-15: The tax imposed under this section
will not be treated as a tax.

**
Page 241 and 253: Doctors will all be paid the same
regardless of specialty, and the government will set all
doctors' fees.

**
Page 272. section 1145: Cancer hospital will ration care
according to the patient's age.

**
Page 317 and 321: The government will impose a prohibition on
hospital expansion; however, communities may petition for an
exception.

**
Page 425, line 4-12: The government mandates advance-care
planning consultations. Those on Social Security will be
required to attend an "end-of-life planning" seminar every five
years. (Death counseling..)

**
Page 429, line 13-25: The government will specify
which doctors can write an end-of-life order.

HAD ENOUGH???? Judge Kithil then goes on to identify:

"Finally, it is specifically stated that this bill will not apply to
members of Congress. Members of Congress are already
exempt from the Social Security system, and have a well-funded
private plan that covers their retirement needs. If they were on
our Social Security plan, I believe they would find a very quick
'fix' to make the plan financially sound for their future."

- Honorable
David Kithil of Marble Falls , Texas

1Paradiselost writes:

In response to 26 years:

Zygmunt Plater, a professor at Boston College Law School, sent The Fact Checker a copy of the above email, which purports to be an analysis of the new health care law by a judge, complete with page citations. Plater's brother, Marek, had sent him a copy of the email, asking if it could be verified, after receiving it Wednesday from a senior official at the company where he works. Under the subject heading of "Read and Heed," the official sent the email to company employees with the notation, "We are now officially out of control." There's some pretty scary stuff in here: cancer care will be rationed according to age, the government would have "real-time access" to an individual's bank accounts, the government will set all doctor's fees, and so forth. So what's truth?

The Facts

Just because it is in an email--or on the Internet--does not make it true, especially when it is woefully out of date.

There is indeed a former county judge named David Kithil who lives in Marble Falls, Texas, which is about 50 miles northeast of Austin. In August, 2009, he wrote a letter to the River Cities Tribune, a local newspaper with a circulation of under 5,000, detailing his objections to one of the health care bills then pending in the House of Representatives--H.R. 3200.

The above blogs earns Four Pinocchios--not to Kithil, but to anyone who keeps forwarding this email

http://voices.washingtonpost.com/fact...

26 years: start checking facts, as your making a BIGGER fool out of yourself!

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