Campaign Trail: Medicare and Taxes

Friday, August 17, 2012 - 12:02pm

Mitt Romney's comments bring his taxes back to the forefront, as the campaign tries to focus on Medicare.

The battle over Medicare continued on the campaign trail yesterday, with teams Obama and Romney trying to convince voters young and old that their plan is the most financially fit.

Meanwhile, a Mitt Romney bombshell about his personal tax rate has sparked fresh controversy.

Mitt Romney called the interest in his personal tax returns quote "small minded." but it’s an issue that's dogged him all summer and doesn't look like it’s going away anytime soon if the Obama campaign has its way they want to keep his GOP rival's millions front and center.

You could call it 'Taxgate'.... Republican presidential hopeful Mitt Romney says he won't release more tax returns.

But while explaining how his Medicare plan would work using a whiteboard in South Carolina yesterday, he did give his clearest explanation yet of what he's paid to Uncle Sam. "I did go back and look at my taxes and over the past 10 years I never paid less than 13 percent. I think the most recent year is 13.6 or something like that." Mitt Romney/ (R) Presidential Candidate

Romney has already made his 2010 tax return and estimates of what he paid in 2011 public. Team Obama isn't satisfied - they still want proof. "This brought the income tax debate back to the forefront, after we had spent so much time talking about Medicare, about the Ryan pick," said NBC News Sr. Political Editor, Mark Murray.

Meanwhile in Ohio, Romney’s running mate Paul Ryan stayed on message questioning Medicare’s current funding. "You think raiding Medicare to pay for Obamacare is an achievement? Neither do I," said Rep. Paul Ryan, (R) Vice Presidential Candidate.

In an interview with a Richmond, Virginia affiliate, Romney tried to get the focus off his personal finances and back on to the hot button issue this week. "My plan makes no change whatsoever for seniors, none, zero, zip. Anyone 55 years of age and older sees no change whatsoever to Medicare." Mitt Romney/ (R) Presidential Candidate

The President and Vice President will attend a second day of meetings at the White House today.

Romney will head to his home state of Massachusetts, and then on to New York, congressman Ryan continues his swing through Virginia.

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