I believe Medicare has been a great American success story. We have seen both Medicare and Social Security bring our seniors out of poverty. Today, we have about 10 percent of our seniors in poverty rather than close to 50 percent prior to Social Security and Medicare. During that debate, if one reads the Record, there was a major concern about who could provide health care to seniors better--the private sector or the public sector through Medicare. The reason the Congress, in its wisdom, decided to move forward with Medicare was because at least half the seniors could not find or could not afford health care insurance in the private sector.
Editor's note · Context
Discussing the historical significance and success of Medicare during a floor speech.
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