In the first presidential debate of the 2012 election, President Obama and former Governor Romney went head-to-head on issues ranging from taxes for the middle class to how much government should be involved in regulating Wall Street. This first debate held high stakes for each candidate, as historically debates can serve to predict who will get ahead in the polls and ultimately become the next president.
The ongoing health care issue was a hot topic during this evening’s debate, its significance underscored as the candidates frequently referenced it to back up their platforms. The issue deeply polarizes voters as they face the critical question of how they’ll pay for routine and emergency medical expenses.
The importance of how Medicare, Medicaid, and the so-called ObamaCare Act will function in the future could not be overstated for the future health of the nation, with Obama saying outright, “I want to talk about Medicare…because that’s the big driver of our deficits right now.”
A frequently-quoted $716 billion was one point of difference between the candidates, and a touchy subject at that. Obama took it from Medicare and transferred the sum to help pay for the Patient Protection and Affordable Care Act, aka ObamaCare, a move he defended during the debate. Romney blasted the president’s decision, saying he would return it to Medicare and give states the ability to make their own decisions concerning health care for their citizens. (more…)