The Obama 2012 campaign is already out swinging against this morning’s announcement that House Budget Committee Chairman Rep. Paul Ryan (R-Wisc.) will be Mitt Romney’s running mate.
A new Obama ad slams Ryan’s budget plan, saying it “hurts seniors” and that it turns Medicare into a voucher program (Something the budget explicitly denies.); cuts aid to the disabled and immigrants; and suggests that it cuts Pell Grants for young Americans by $170 billion over the next decade. It also attacks Ryan for his plan to cut taxes, insinuating that tax cuts led to the current sour economy.
The Obama campaign has previously attempted to attack Romney on account of his support for the Ryan budget, calling it the “Romney-Ryan Budget” as far back as April. And the Democratic Congressional Campaign Committee nailed what it called the “Bromance” between Romney and Ryan back in March.
The DCCC put out a solicitation for donations this morning, noting that only 46 percent of Americans have an opinion of Ryan and 38 percent had never heard of them, showing that Democrats are in a rush to define Ryan before the Romney campaign can.
Democrat National Committee Chairwoman Rep. Debbie Wasserman Schultz did her part Saturday morning to define Ryan at the Workers Stand for America rally in Philadelphia by repeating many of the same talking points from the ad.
Rasmussen rereleased a poll on Ryan Saturday morning following the announcement showing that 39 percent of Americans hoeld a positive impression of Paul Ryan while only 25 percent held a negative view.
Obama's new ad attacking Ryan distorts the Ryan budget, while ignoring the negative consequences of doing nothing to stop the growth of the national debt and to fix entitlements like Medicare for young Americans.
It also ignores the nearly $740 billion being diverted from Medicare to fund Obamacare over the next decade.
“If you let it go on its current trajectory, it collapses under its own weight,” former CBO Director Douglas Holtz-Eakin told Red Alert Politics last month. “It’s just not sustainable under its current course.”
Ryan’s plan would scrap Obama’s Medicare cuts, means test its benefits and adjust them according to how healthy the patient is to keep it from bursting the federal budget. The program would remain unchanged for those over the age of 55, while restructuring it for younger workers to prolong its lifespan.
On Pell Grants, the Ryan plan restores funding to where it was before Obama’s stimulus, which it says would “curb tuition inflation and make sure it is targeted at the truly needy,” something the presumptive GOP vice presidential nominee says Obama’s plans fail to do.
The Ryan budget would take a bite out of the looming debt crisis restraining total federal spending to between 18 and 19 percent of GDP compared with 20 and 24 percent under the Obama plan. Conservative economists contend that keeping federal spending at Obama's proposed levels will harm long-term job growth.