New ad charges that Romney would pay just 1 percent under Ryan proposal

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Associated Press

Posted on August 17, 2012 at 11:01 AM

Updated Friday, Aug 17 at 1:01 PM

WASHINGTON (AP) — A super PAC that supports President Barack Obama is releasing a new ad that says Mitt Romney would pay just 1 percent in taxes under a budget plan proposed by his running mate, Paul Ryan.

There's also an ad today from the Obama campaign itself that defends the president's record on Medicare. It accuses Romney and his running mate of undermining the health care program.

Meanwhile, Romney's campaign is rejecting an offer from the Democrats -- who say that if Romney will release five years of tax returns, they won't push for any more to be released. Romney's campaign says it's clear that Obama just wants to talk about Romney's taxes, rather than "the issues that matter to voters."

Obama and Romney are keeping a lower profile today, as Romney continues to raise money in non-battleground states. His running mate, meanwhile, has been working for votes in Virginia -- a state that both campaigns see as a bellwether.

Ryan told a cheering crowd that he is fond of hunting and fishing in the state. He made no mention of Medicare, the issue that has dominated debate for much of the week.

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