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DNC holds news conference in Tampa to outline flaws in Romney's economic plan

TAMPA — Tuesday night, New Jersey Gov. Chris Christie spoke at the Republican National Convention about telling the truth about the economy and related policies.

So, the Democratic National Committee held a news conference Wednesday morning to tell the truth about the Romney-Ryan budget plan, said Stephanie Cutter, a deputy campaign manager for Obama for America.

"The American people deserve to know," she said.

During the 40-minute news conference, Maryland congressman Chris Van Hollen and Milwaukee Mayor Tom Barrett said the Romney-Ryan budget plan consists of economic policies that have already failed in the past.

"If you look at the Romney-Ryan plan, it's right there for everyone to see," Van Hollen said. "It's a hard right U-turn back to the failed Bush, trickle-down economic policies."

The plan will cut taxes for the wealthy, Barrett said, and place more of the burden on the middle class to help reduce the deficit. Medicare recipients, too, would pay more every year and be given a voucher that would decline in value with respect to rising health care costs.

"This isn't a formula for success," Barrett said.

He said the Republicans' choice to nominate Paul Ryan, a popular political figure but with a history of acting on a "flawed" economic theory, "crystallized" the budget debate.

"He is a very articulate spokesman for a failed economic policy," Barrett said.

Cutter said guaranteed Medicare coverage for senior citizens, which Romney opposes, is "critically important" to protect them against unpredictable medical conditions.

Carole Nenninger, a 71-year-old Tampa resident, spoke during the news conference about her husband's prostate cancer and how Medicare helped pay for his expensive treatments.

Nenninger said her family was always middle class, and until the cancer diagnosis had lived "a charmed life." But she estimated that she owed about $1 million in medical bills by the end of her husband's treatments, more than she could afford without Medicare.

"I'm not sure if (Romney) were in office if the same quality of medical care would be available," Nenninger said.

DNC holds news conference in Tampa to outline flaws in Romney's economic plan 08/29/12 [Last modified: Wednesday, August 29, 2012 3:43pm]
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