For all their scare tactics, President Obama and Democrats have no plan whatsoever to preserve Medicare for future generations - or protect it for today's seniors and those nearing retirement. They did, however, cut Medicare by $700 billion to bankroll Obamacare.
The Joint Committee on Taxation estimated that in 2016, the corporate income tax raised $300 billion in revenue, while what it called 'targeted subsidies' cost about $270 billion. In other words, Congress could eliminate the subsidies and cut the corporate rate nearly in half without any significant loss in revenue.
Obamacare, without a single Republican vote, cut $700 billion out of Medicare.
I opposed Clinton's budget deal in 1997 because he brought in $115 billion cut in Medicare that created greater pressure for providers not to participate.
You've worked hard all your life. You've paid Medicare taxes for almost 30 years. But under the Republican plan, Medicare won't be there for you. Instead of Medicare as it exists now, under the Republican plan you'll get a voucher that will pay as little as half your Medicare costs when you turn 65—and as little as a quarter in your 80s. And all so that millionaires and billionaires can have a huge tax cut.
Seven hundred and sixteen billion dollars, funneled out of Medicare by President Obama. An obligation we have to our parents and grandparents is being sacrificed, all to pay for a new entitlement we didn't even ask for. The greatest threat to Medicare is Obamacare, and we're going to stop it.
If Medicare today includes Medicare supplemental, why wouldn't Medicare for all include a Medicare supplement for all who want it?
There's a need to reform Medicare, but not a need to cut a half trillion dollars out of Medicare.
The way to balance the budget is for Congress to cut Social Security, move the retirement age to 70, cut defense, Medicare and veterans pensions, while the states cut almost everything else. It would be tough but we could do it.
You're going to hear a lot from President Obama and yes, from Joe Biden, you're hearing a little bit about Medicare these days. What they will not tell you is they turned Medicare into a piggybank to fund 'Obamacare.' They took $716 billion dollars to pay for the 'Obamacare' program.
There's an issue with the Medicare doctor reimbursement rates where at the end of the year every doctor that folks in this country use that provide Medicare services is going to get a 30 percent salary cut.
We right now give $15 billion every year as subsidies to private insurers under the Medicare system. Doesn't work any better through the private insurers. They just skim off $15 billion.
I went from 220 pounds that I cut down for 'Moneyball' to almost 270-280 pounds for 'Ten Year.'
We vetoed five income tax increases during my time as governor. We cut business taxes $2.3 billion, and we cut regulation by one-third of what my predecessor put in place.
When I turn 55, I'm going to be on Medicare. I can call up and tell them I don't want to be on Medicare, but otherwise, I'll be on Medicare. So they use this kind of automatic enrollment. We give states the option of automatically enrolling those who are eligible.
Medicare is paid for by the American taxpayer. Medicare belongs to you. Medicare is for seniors, who many of them are on fixed income, to lift them out of poverty.