Summary
In a TV ad and in speeches, Obama is making bogus claims that McCain plans to cut $880 billion from Medicare spending and to reduce benefits.
A TV spot says McCain’s plan requires "cuts in benefits, eligibility or both."
Obama said in a speech that McCain plans "cuts" that would force seniors to "pay more for your drugs, receive fewer services, and get lower quality care."
Update, Oct. 21: A second Obama ad claims that McCain’s plan would bring about a 22 percent cut in benefits,