has begun running ads that deliberately deceive voters about the Romney-Ryan plan to turn Medicare into a voucher program.
The TV commercial shows an image of an elderly man while a voiceover says, "You paid into Medicare for years. Every paycheck. Now, when you need it, Obama has cut $716 billion dollars from Medicare. The Romney-Ryan plan protects Medicare benefits for today's seniors and strengthens the plan for the next generation."
In fact, Obama did not cut Medicare benefits, he reduced excess payments to health care providers.
President Obama, "limited the expected rate of growth in the program on the supplier side by eliminating waste, fraud and abuse, mostly in Medicare Advantage. And the savings that Obama achieved are adopted by Ryan in his own budget," according to the Huffington Post.
Obama campaign spokesperson, Liz Smith responded to the misleading Romney Medicare ad in an email to the Huffington Post:
"Mitt Romney’s ad is dishonest and hypocritical. The savings his ad attacks do not cut a single guaranteed Medicare benefit, and Mitt Romney embraced the very same savings when he promised he’d sign’s budget. Because the President is eliminating subsidies to insurance companies and cutting waste and fraud, we’ve extended the life of Medicare by eight years.
The truth is that the Romney-Ryan budget would end Medicare as we know it: people with Medicare would be left with nothing but a voucher in place of the guaranteed benefits they rely on today. And they do it all to pay for massive tax cuts for millionaires and billionaires – the very same top-down economic scheme that crashed our economy and devastated the middle class in the first place."
The misleading Romney Medicare ad followed Saturday's announcement of Paul Ryan as Romney's running mate, which was quickly met negatively by voters who object to the Ryan plan to turn Medicare into a voucher program.