President Obama Rips Paul Ryan’s Medicare Plan In Iowa (Ryan tax plans as ‘trickle-down snake oil’)

[cal04]

http://2012.talkingpointsmemo.com/2012/08/president-obama-rips-paul-ryans-medicare-plan-in-iowa.php

President Obama lit into his Republican rivals over Medicare on Wednesday, repeating the charge that Rep. Paul Ryan’s plan “ends Medicare as we know it.”

“I think they know their plan is not very popular,” Obama said. “You can tell that because they are being dishonest about my plan — especially when it comes to Medicare.”

(snip)
Obama said he “strengthened” Medicare, noting that the savings came from subsidies to insurance companies and hospitals, not from retirees. He added that the ACA used some of the savings to fund additional benefits for seniors, including an end to the “doughnut hole” on prescription drug costs and an expansion of preventive care.

“My plan reduces the cost of Medicare by cracking down on fraud and waste and subsidies to insurance companies,” Obama said. “Their plan makes seniors pay more so they can give another tax cut to millionaires and billionaires.”

Obama slams Romney, Ryan tax plans as ‘trickle-down snake oil
http://thehill.com/homenews/campaign/243857-obama-slams-romney-ryan-tax-plans-as-trickle-down-snake-oil