A Quote by Scott Pelley
Most people don't realize that two-thirds of the federal budget is Social Security, Medicare, Medicaid, and the Pentagon. The U.S. government is an insurance company with an Army.
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[The US] budget is dominated by the retirement programs, Social Security and Medicare - loosely speaking, the post-cold-war federal government is a big pension fund that also happens to have an army.
In fact, entitlement spending on programs such as Medicare, Medicaid, and Social Security make up 54% of federal spending, and spending is projected to double within the next decade. Medicare is growing by 9% annually, and Medicaid by 8% annually.
Instead of talking about cuts in Social Security, Medicare and Medicaid, we must end the absurdity of corporations not paying a nickel in federal income taxes.
The federal government is basically an insurance company with an army.
No matter what federal program one selects - Social Security, Medicare, Medicaid, the drug war, the income tax and the IRS, education, foreign interventions and wars - they are all a giant mess.
The American people say, 'Don't touch Social Security, don't touch Medicare, don't cut defense.' That's 84 percent of the federal budget.
Unfortunately, the (budget) does not . . . help Congress reform such programs as Medicaid and Medicare, which both grow at average rate of around 8 percent each year through 2015 and will continue to eat up more of the total federal budget.
Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children.
Believe me, every American, every person in this country, if I have anything to say about it, will know precisely what is going on with Social Security, Medicare and Medicaid, because they are beginning to appoint people who are typical right-wing Republicans who want to privatize and cut Social Security.
When you talk about raising that debt limit, the only way that I would ever support raising the debt limit if we also talk about budgetary controls on the federal government, capping its spending, how do we deal with the Social Security, Medicare and Medicaid problems, because they cannot continue to run on auto-pilot.
Marriage equality - I think that it's a constitutionally guaranteed right. Let's end the drug wars. Let's balance the federal budget, and that means reforming the entitlements - Medicaid, Medicare.
[Donald Trump] is not going to cut Social Security, Medicare and Medicaid.
Hillary Clinton has pledged amnesty in her first 100 days, and her plan will provide Obamacare, Social Security, and Medicare for illegal immigrants, breaking the federal budget.
No one was elected to Congress because he or she promised to cut Social Security, Medicare or Medicaid.
Until the 1930s, the Constitution served as a major constraint on federal economic interventionism. The government's powers were understood to be just as the framers intended: few and explicitly enumerated in our founding document and its amendments. Search the Constitution as long as you like, and you will find no specific authority conveyed for the government to spend money on global-warming research, urban mass transit, food stamps, unemployment insurance, Medicaid, or countless other items in the stimulus package and, even without it, in the regular federal budget.
The federal government's done a very good job about tying goodies to our compliance with federal programs, whether it's the Department of Education, whether it's Obamacare with its generous Medicare and Medicaid dollars and the like.
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