(CNN) -- More than one speaker at the Democratic National Convention alleged this week that a Mitt Romney presidency would spell financial ruin for Medicare in four years. The claim stems from earlier projections, made before the Democrats' health care reform law was passed in 2010, that Medicare's hospital insurance trust fund would be insolvent before the end of this decade. Former President Bill Clinton led the way Wednesday, saying that the Democrat-backed Affordable Care Act bought time for Medicare and made it financially solid until 2024. He said Romney, who wants to repeal the act, would reverse this gain and make Medicare "go broke in 2016."
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Clinton: Democrat-backed Affordable Care Act bought time for Medicare and made it financially solid until 2024
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Romney wants to set up a "premium support system" for Medicare, with vouchers to buy coverage
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Repealing and maintaining the Affordable Cart Act both have consequences
"The plan (@placeholder is) proposing would cause Medicare to go bankrupt by 2016."