Covering Washington politics. From our vantage point. One day a time.

Sunday, September 9, 2012

Mitt Romney's One-Term Fund

Mitt Romney has created a fund called the One Term Fund and he wants supporters to donate $25, or more, to "put President Obama out of work".

The fund's page asks, 'What is a one term president worth to you?'.

Per the Romney campaign:

We're not better off when 23 million people are struggling for work. Nor are we better off when, for every net new job that was created last month, nearly four Americans gave up looking for work entirely. We're not better off when poverty rates are headed toward a 50-year high, and nearly 47 million Americans are on food stamps. No amount of liberal mythology or political theater in Charlotte can mask the cold, hard truth: this president has not kept his promises and America is not better off. Thursday night, President Obama asked for four more years to get it right. But it's time to hold him accountable. Americans deserve new leadership that will get our economy moving again.
Mitt Romney and Paul Ryan's plan for a stronger middle class will create 12 million new jobs and lead us out of this economic crisis. It paves the way for more jobs, more take-home pay and better opportunities for all Americans.

Romney says he and his VP pick, Paul Ryan, have a plan to create 12 million jobs.  He plans to put half of the 23 million unemployed to work.

Meanwhile the Obama team is pointing to an article that reveals the Romney-Ryan Medicare Plan.

The article points out that under their plan seniors, beginning in 2023, would receive vouchers to purchase health insurance from private insurance companies or from traditional Medicare. If premiums for traditional Medicare or the private plan they choose cost more than the voucher amount, then seniors would have to pay the difference themselves. The Romney-Ryan plan would also convert the joint state-federal Medicaid program into a so-called block grant program, designating a reduced amount of fund s for each state. And the Romney-Ryan plan would repeal the Affordable Care Act, which reduces drug costs and Medicare premiums and increases access to preventive services for all seniors.

Read the entire article here.

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