Welcome to ThinkProgress’ live coverage of the first presidential debate, hosted by the University of Denver, in Colorado. Our teams in Washington D.C. and on the ground in Denver will fact-check both candidates’ claims in real time and offer a wide range of multimedia content. Tonight’s debate is moderated by PBS’ Jim Lehrer and will focus on domestic policy.
What you should know about Obamacare
1. It creates jobs. Obamacare isn’t a job killer like Romney says it is. The Center for American Progress estimates that Obamacare will create around 4 million jobs across different sectors of the economy.
2. Seniors aren’t affected by Obama’s Medicare cuts
Obamacare “cut Medicare reimbursements to hospitals and insurers, not benefits for older Americans.” Repealing the savings — as Romney wants to do — would hasten the insolvency of Medicare by eight years.
3. People have already seaved money as a result of Obamacare. 16 million seniors are receiving preventive benefits without deductibles or co-pays and are saving at least $3.9 billion on prescription drugs. Millions of young adults now have insurance coverage and are staying bon their parent’s health care plan.
4. Obamacare isn’t responsible for increasing health care costs
Health costs have been increasing before Obamacare became law and they will rise after it is fully implemented. But its cost control mechanisms will slow the rate of growth over time.