He accuses McCain of proposing to cut benefits. Not true.
In a TV ad and in speeches, Obama is making bogus claims that McCain plans to cut $880 billion from Medicare spending and to reduce benefits.
A TV spot says McCain's plan requires "cuts in benefits, eligibility or both."
Obama said in a speech that McCain plans "cuts" that would force seniors to "pay more for your drugs, receive fewer services, and get lower quality care."
Update, Oct. 21: A second Obama ad claims that McCain’s plan would bring about a 22 percent cut in benefits, “higher premiums and co-pays," and more expensive prescription drugs.
These claims are false, and based on a single newspaper report that says no such thing. McCain's policy director states unequivocally that no benefit cuts are envisioned. McCain does propose substantial "savings" through such means as cutting fraud, increased use of information technology in medicine and better handling of expensive chronic diseases. Obama himself proposes some of the same cost-saving measures. We're skeptical that either candidate can deliver the savings they promise, but that's no basis for Obama to accuse McCain of planning huge benefit cuts.