Obama Weekly Address

George Wenschhof



President Obama debunks Republican rhetoric that he "raided" Medicare to fund the Affordable Care Act.

“We gave seniors deeper discounts on prescription drugs, and made sure preventive care like mammograms are free without a co-pay,” Obama said in his weekly White House address. “We’ve extended the life of Medicare by almost a decade and I’ve proposed reforms that will save Medicare money by getting rid of wasteful spending in the healthcare system and reining in insurance companies – reforms that won’t touch your guaranteed Medicare benefits. Not by a single dime.” 

“Republicans in Congress have put forward a very different plan,” Obama said. “They want to turn Medicare into a voucher program. That means that instead of being guaranteed Medicare, seniors would get a voucher to buy insurance, but it wouldn’t keep up with costs. As a result, one plan would force seniors to pay an extra $6,400 a year for the same benefits they get now. And it would effectively end Medicare as we know it.”

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