(CNN) - What would a second term for President Barack Obama look like?
More debt, taxes, plus higher energy prices and health care cuts, a new ad from Republican presidential nominee Mitt Romney says.
The spot, released Saturday, lists “five reasons we can’t afford” a second Obama term.
Federal debt will grow $4 trillion from $16 trillion to $20 trillion, it says, citing a report by the Office of Management and Budget.
Twenty million people will lose their employer-provided health insurance, it says, citing a Congressional Budget Office projection that Obama’s health care reform law “would reduce employment-based insurance coverage in 2019 by 20 million people.” This projection is the most dramatic of four scenarios evaluated in the report and also finds that 31 million people would enroll in the health exchanges.
“The number of uninsured is estimated to be 29 million less than the number under prior law, leaving 28 million people uninsured in 2019,” the report says of this scenario.
The ad cites a report from the conservative group The American Enterprise Institute to say that “taxes on the middle class will go up by $4,000.”
As evidence that energy prices would increase under Obama, the ad cites a table and graph showing the price of gas from 1990 through the most recent week – a graph which trends upwards over the dozen years.
It also levels a charge that Obama supports a $716 billion cut to Medicare that CNN and other fact checkers have found false.
Meanwhile on the campaign trail, Romney has argued that “the president still doesn’t have an agenda for a second term.”
“I think it is pretty clear that when it comes to his policies and his answers and his agenda, he is pretty much running on fumes,” Romney said Wednesday at a rally in Chesapeake, Virginia.
The Romney campaign has not said where the spot will run, nor how much it is spending to run the spot.
Also on the CNN Political Ticker
– Ryan zeroes in on energy jobs in Pennsylvania
– Poll: Races in Florida, Ohio remains tight after second debate
– Early voting opens in seven states, D.C.
– Sparring over economy in weekly addresses
I just love how the right wing confabulates all of these doomsday scenarios. Seeing how they blew up the global economy with their economic policies, they should be worried about it.
Talk about running on fumes! If he wants to convince someone that Obama's policies won't work he should first tell us why without making-up false reasons and secondly follow-up with what he'd do instead. He has done neither. He knows the true CBO report, so he blatantly lied. He knows his policies will hurt the middle class, so he misleads us on Obama's projected debt. He knows Obama isn't raising taxes on the middle class so he lied to mislead us. He knows the 716 billion from Medicare is a play on words and isn't true. He says Obama doesn't have an agenda, but he also knows one of the biggest talking points of the right is the phrase "Obama's radical agenda". So, is it radical or non existent. I feel sorry for the brainwashed Americans that see these ads and just flat out believe every word in them. Rove has figured this out, "tell them anything, because they aren't smart enough to doubt it, or research it". I have family members who support Romney and they doubt anything the left tells them, but they believe every word Fox or Rush tell them. I can give them 50 fact-filled websites and explanations and they believe they are all lies if they contradict Fox or any Republican. It's this mentality or "type of person" that zaps any hope from me that this country will ever be great again. I believe Obama is our only hope, at least for the next four years. Then it all starts over again.
U will get what u deserve if u vote repub. Gdubglenn
up ward trend since 1990 in fuel cost and obama is expecdted to turn that around in a single term.....when bush could not do it in 8 yrs....and if i am not mistaken oil prices have been going up since 1973 after the first embargo...and then there is that false statement about that obama supports a 716 billion tax cut to medicare....add up the lies and booboos of the romney campagains and the guy is in trouble or should be in the minds of thinking americans..
Mitt, you might as well get ready as Obama's second term proves you to be a liar as usual, and you can go back to something besides a career of running for president.
Yup, sounds about right to me. Not to mention hospitals can no longer re-administer you without getting fined. That's sure to help!
We will no doubt get more debt, taxes, higher energy, less health care under Romney also. It will probably be a lot worse for those of us that are living payday to payday.
With Romney we will also get a conservative supreme court that will stack the deck further against working people. More decisions like "Citizens United" would not be good. What would be next? Employers monitoring how their employees vote? We are not as far removed from that as you may think. Even today, I think many are afraid to voice their support for Obama for fear of retaliation.
A second Obama term is a very bleak outlook, indeed.
Oh, and imagine what it was Obama promised Putin if he got a second term and had "more flexibility" ( i.e., not having to worry about what American voters think. ) Yes, a second Obama term would be one voters would live to regret.
I have seen several times on the news that Romney is telling wealthy CEO Bosses to encourage (might as well threaten) their employees to vote for him or they could lose their job............this is horrible, unprofessional and just shows what a bully Mitt Romney is........this was the final straw for one of my neighbors who now will be voting for Obama. They are registered Republicans just like we are and have joined the hundreds of other regiestered Republicans that are voting for Obama. We are middle class and want to keep our social security, our future medicare benefits, we don't want to be dropped for pre-existing conditions, we don't want to be taxed unfairly, and the list goes on and on..........so therefore we are voting for Obama! Mitt Romney is even saying opposite of what his own website states........we just cannot afford Romney in office.............please vote for Obama!
The ad that envisions the first four years with Romney cannot be shown until October 31st because it will scare the pants off the entire middle class population.
Lies and more lies from serial liar Romney. What a truly miserable, morally corrupt, fatally flawed presidential candidate. Shame on anyone who votes for this fraud.
Romnesia you a big liar who believe in what you say do anything to get votes.
I dont trust Romnesia he lied about equal pay for women. He lied about Obamacare.
He lied about 47% and also his tax plan.
Romnesia just plan ole liar.
Amazing that voters can not see the consequences of electing an inexperienced man from his three years record and still think he is great. We know taxes will go up on the middle class and come Jan 1, selling your home could leave you with no equity. Why isn't the liberal media talking about this all but 5% tax off the top of a home sale? Everything has gotten much worse under Obama and he has passed the point of blaming Bush. After all, the last two years under Bush were democrate controlled.Please look at the facts!
Not false, you guys just don't know how to figure out the accounting trick because you guys are not accountants, it's really simple to figure it out and it is true mathematically
"It also levels a charge that Obama support a $716 billion cut to Medicare that CNN and other fact checkers have found false.
CNN and FactCheckers just like Candy Crowley are getting it wrong.
It's O-ver. Mitt wiull win, and it won't be close.
Ok so where's your plan Willard ? Oh yeah I forgot 12 million new jobs in the first week.
Why is it all the Romney anti-Obama ads sound like Cold War Propaganda!? Who the heck is doing his campaigning even my neo-nazi kkk grandfather would have found this stuff to be over top and that man once skinned a cat and hung it by it's tail to teach our neighbor kids a lesson in not touching his hedges.
Romney's ad is just more republican delusionalism!
The one thing Obama has shown the Country is he can't do the job and this should only surprise the people still drinking the kool aid.