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                      Obama, Romney Camps Focus on Economy

   by VOA News

   The campaigns of presumptive U.S. Republican presidential nominee Mitt
   Romney and U.S. President Barack Obama are both focusing on economic
   issues during political stumps on Saturday.
   Romney's running mate, Wisconsin Congressman Paul Ryan, said
   Republicans would protect older Americans from cuts in Medicare, the
   government health care program for senior citizens.
   He told a crowd of mostly older Americans at a retirement community in
   the southern state of Florida that both his grandmother and mother had
   relied on Medicare.  Ryan's 78-year-old mother was nearby as he spoke.
   On Tuesday, the Romney campaign accused President Obama of taking $716
   billion out of a trust fund for Medicare and using it to fund
   "Obamacare," as critics call the health insurance reform law introduced
   by the Obama administration and passed by Congress in 2010.
   Meanwhile, President Obama will focus on his opponent's budget
   reduction plans as he courts voters in the northeastern state of New
   Hampshire on Saturday.
   In prepared remarks, Obama says Romney's tax-cutting plan will benefit
   the wealthiest Americans while raising taxes on middle-class families
   with children "by an average of $2,000."
   He says Romney's proposal is not a plan to create jobs, cut the deficit
   or move the economy forward.
   The Romney campaign is expected to visit New Hampshire Monday.

   Some information for this report was provided by AP and Reuters.
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   490834.html

References

   1. http://www.voanews.com/content/obama-romney-camps-focus-on-economy/1490834.html