Political Quotes

On the recordApril 13, 1999
we received good news 2 weeks ago when the Medicare and Social Security trustees reported that both programs will be solvent significantly longer than projected. For Medicare, the trustees reported that the Medicare trust fund will remain solvent through at least 2015. Those in Congress, the think tanks and the Washington pundits who want to privatize Medicare are wringing their hands over the trustees' latest report. They believe these new projections will lead Congress to do nothing towards reforming Social Security and Medicare. Once again, Medicare privatizers are wrong. The real threat to Medicare is not its alleged pending bankruptcy. The real threat to Medicare is a legislative proposal just rejected by the National Bipartisan Commission on the Future of Medicare which would have privatized Medicare and delivered it to the private insurance market. Under a proposal soon to be introduced called ``premium support,'' Medicare would no longer pay directly for health care services. Instead, it would provide each senior with a voucher good for part of the premium for private coverage.
Said by
Sherrod Brown
Democratic · Ohio

Editor's note · Context

Discussing the solvency of Medicare and the threat of privatization during a speech on Medicare reform.

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