President Obama continues to invoke the record of newly announced Republican vice-presidential candidate Paul Ryan on the campaign trail. On Saturday, Obama compared his signature healthcare law to Ryan’s proposal to turn Medicare into a voucher program.

President Obama: “So here’s the bottom line. My plan saves money in Medicare by cracking down on fraud and waste and insurance company subsidies. And their plan makes seniors pay more so they can give another tax cut to millionaires and billionaires. You’d think they’d avoid talking about Medicare, given the fact that both of them have proposed to voucherize the Medicare system.”

Republicans have accused Obama of slashing more than $700 billion from Medicare, even though the cuts actually come from insurers and providers. Speaking in Florida, Ryan rejected charges he seeks to gut Medicare, citing his family’s personal experience.

Paul Ryan: “When I think about Medicare, it’s not just a program. It’s not just a bunch of numbers. It’s what my mom relies on. Medicare was there for our family, for my grandma, when we needed it then. And Medicare is there for my mom while she needs it now. And we have to keep that guarantee.”