Security in retirementView Romney's stance
President Obama knows that for more than 75 years, the promise of a secure retirement has been a fundamental pillar of middle class security in America. He believes that when it comes to America's seniors, we're all in this together—while Mitt Romney is ready to leave millions of seniors on their own.
Protecting Social Security
- President Obama knows Social Security isn't a government handout. America's seniors worked for it, paid for it, and earned it.
- The President stood up to House Republicans when they tried to slash benefits as part of an unbalanced plan, and will continue to defend Social Security against Republican proposals to change the program.
Keeping Medicare Strong
America's seniors paid for and earned their Medicare through a lifetime of hard work and responsibility, and President Obama is committed to keeping it strong for generations to come:
- Thanks to the Affordable Care Act, millions of seniors are saving hundreds of dollars on their prescription drugs as President Obama works to close the Medicare "doughnut hole."
- Recommended preventive care is now free, saving seniors money and helping them stay healthy with regular checkups and screenings.
- President Obama extended the life of the Medicare Trust Fund by cutting wasteful subsidies, recovering billions in Medicare fraud, and more.
Mitt Romney and America's SeniorsView Obama's stance
Mitt Romney is sending a clear message to seniors when it comes to his support for Medicare and Social Security:
- Romney has said his only plans for changing Social Security involve cutting benefits—he would raise the retirement age and means-test benefits, but has ruled out raising revenue to ensure young workers receive the benefits they were promised. His plan for Social Security mirrors a proposal that would cut Social Security benefits up to 40% for workers now in their 20s.
- While President Obama is standing by America's seniors, Mitt Romney would end Medicare as we know it. Romney wants to turn Medicare into a voucher program, which could force seniors to pay thousands more for their care, even as he pushes more tax cuts for millionaires and billionaires.