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THE FACTS: A sober look at the books shows leaders from both parties that painful choices must be made in entitlements. Medicare and Medicaid are running into trouble mainly because of an aging population, the cost of high-tech medicine and budget woes. The number-crunchers say solving health care fraud alone is not enough. Health care fraud investigations are already a big source of recovered money, surpassing fines and penalties collected for defense contracting fraud. ___ ENERGY: OBAMA: "After three decades of inaction, we're gradually putting in place the toughest fuel economy standards in history for our cars and pickups. That means the cars you build will average nearly 55 miles per gallon by the middle of the next decade
-- almost double what they get today. That means folks, every time they fill up, they're going to be saving money. They'll have to fill up every two weeks instead of every week. That saves the typical family more than $8,000 at the pump over time. That means we'll cut our oil consumption by more than 2 million barrels a day." THE FACTS: Raising mileage standards is not pain-free, and Obama spoke about the benefits while excluding the costs. Compliance will add thousands of dollars to the cost of a car. The standards are going up in two stages. The second and most ambitious stage is expected to cost the auto industry more than $150 billion, raise the cost of the average new vehicle by $2,000, then save drivers up to $4,400 in gas over the life of the vehicle. Obama's estimate of $8,000 in savings refers to the substantial break in fuel purchases from both increases in mileage standards, but excludes the higher costs of buying the vehicle in the first place. SANTORUM: "We can drive down prices, decrease our dependency on foreign oil. We can do it all, but we have a president who says no. We have a president who, when the opportunity to open up federal lands for mining and oil and gas drilling, says no. We have a president who's
-- we have an opportunity to open up offshore, he says no. Deepwater, he says no. Alaska, he says no. Build a pipeline, he says no." GINGRICH: "It comes down to a simple idea: What if we had a program that enabled the American people to develop so much new energy that we were, in fact, no longer reliant on Saudi Arabia, Iraq, Iran?" in a campaign ad on energy. ROMNEY: "He's going to talk about how he's responsible for the increasing production of oil in this country, oil and gas in this country. Is he responsible for the increase? No, I didn't think so."
-- About Obama. THE FACTS: The reams of statistics on energy development are at odds with Republican depictions of Obama as the "President No" of energy. The U.S. produced more oil in 2010 than it has since 2003. More gas has been produced in each of Obama's three years in office than at any time since 1936. Coal mining is on the rebound. The radioactive ore that fuels nuclear power plants has come out of the ground faster every year in his presidency. Production from renewables, such as hydroelectric power, solar, wind and biofuels, is higher than ever before. Active U.S. oil rigs increased 22.5 percent last year and the oil and gas extraction industry added 25,000 jobs, up 12 percent. As Romney suggested, though, Obama is not responsible for much if not most of the fossil-fuel revival because the industry determines what makes financial sense to do and many new wells were planned before he became president.
The case can be made that Obama has not done enough -- or from an environmental viewpoint, that he has done too much. But the record shows growth in every sector. Still, he's drawn some lines that Republicans want erased. He is against drilling in the Arctic National Wildlife Refuge, has put off drilling in the Atlantic Ocean and temporarily blocked the Keystone pipeline from Canada to Texas. Santorum's claim that the U.S. could "do it all" and Gingrich, in holding out the prospect of $2.50 a gallon a gas if he becomes president, shortchange the forces that shape the energy picture beyond a president's influence. Among them: a bitter winter in Europe that drove up demand and for oil and its price, growing demand in developing countries and political uprisings in the Middle East and North Africa hindering supplies over the last year. The U.S. gets no oil from Iran, despite Gingrich's suggestion otherwise, and only 13 percent of its oil comes from Saudi Arabia and Iraq. Eliminating dependence on imports would require both a huge increase in domestic production and reduced demand, but Gingrich opposes fuel efficiency standards that are known to reduce the need for oil. And no one in the have-it-all campaign is about to ask Americans to do without.
[Associated
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