Despite its long-term financial problems, Medicare has been fairly stable since the passage of Obama’s health care law. Premiums have remained about the same, reflecting a national slowdown in medical inflation. However, the brunt of the spending cuts has yet to be felt. Medicare’s own economic forecasters have warned the cuts may prove politically unsustainable.
Romney has not spelled out full details of his Medicare plan. But if it is based upon Ryan's, the budget office says it would rein in Medicare spending more forcefully than Obama has.