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Why is Romney Taking on Obama Over Medicare?

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  • Description

    FBN’s Lou Dobbs on Medicare moving to the forefront of the Presidential race.

  • Duration 4:42
  • Date

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This transcript is automatically generated

My plan.

Presents no.

Change.

The plant stays the same this is the president's plan 0716.

Billion dollars cut.

Four million people losing Medicare Advantage and 15% of hospitals and nursing homes not accepting Medicare patients.

Than the president's plan has a dramatic impact.

On today's seniors.

And that is governor Romney bringing out the white board.

There in South Carolina where he was -- anniversary this Medicare plan and that of the president.

Nice touch governor but of course I obviously prefer the more traditional was admittedly somewhat old fashioned black board on this broadcast.

And please governor don't getting ideas I admire the white board and the visual support to your campaign.

And I wish you all the best weather but.

We've copyrighted this blackboard so.

There -- limits if you -- governor.

What is the governor hitting the administration on the issue of Medicare.

-- new poll out today by the Kaiser Family Foundation finds 76%.

76%.

Of excuse me 73%.

73%.

Of those poll described Medicare is very important or extremely important to their -- Medicare.

73%.

Are you kidding me.

Who thought that that would be even possible a few weeks ago -- I was discussing with congresswoman and they were.

That's even higher than the 59%.

Who think that obamacare.

Is a very or extremely important.

So this Kaiser study is revealing what's going on on the campaign trail at least in part it's no wonder the governor is accusing President Obama rating.

716.

Billion from the Medicare.

Fund.

Money that the Romney now promises to put back into the system that's good news for the -- -- for Medicare recipients in this country who have.

The advantage finance one -- four.

And according to independent experts the Obama cuts would reduce those benefits and lead to higher premiums that's not a good thing.

And governor Romney and congressman Ryan appear to this this -- point.

To be getting their message out and I don't think that was even imaginable a couple of weeks ago.

It is fair to say.

Even though we don't have the details of the and according to a CBO analysis of Ryan's budget average Medicare spending for new enrollees in 2050.

In yes they are all going out to these.

Rather link.

35.

And 45%.

Below.

What would it it would be under the Obama plan.

I mean this is a big deal.

And the Ryan plan.

Would likely keep Medicare solvent longer than Obama care again according to the Congressional Budget Office.

By comparison obamacare is projected to push health care spending almost 20% of GDP.

20%.

Of GDP in.

By 2021.

Health care.

That is also a big deal.

So going forward we're going to be talking a lot about 716.

Billion dollars.

Taken from Medicare moved to obamacare.

Up 550.

Billion dollars spent on Medicare each and every year right now 500.

And fifty.

Billion.

Box.

These are big deals and they -- part of the conversation.

Until governor Romney but Paul Ryan on the ticket.

And if for no other reason.

For the first time we're beginning to have seriously significant.

Discussions about substantial issues.

So one piece of advice to both campaigns if I may as -- -- and all of these numbers and we test the attention span and even the interest of some some in.

That are likely to vote.

I'm -- -- just tell you -- Mr.

President governor Romney you're gonna need a much bigger point board the deal.

-- this issue but stay away from a -- war.

-- -- -- --

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