Political Quotes

On the recordMay 9, 2019
if you are in a shaky financial situation, wondering how you are going to meet your obligations, your first instinct isn't generally to wildly increase your spending, unless, of course, you are a congressional Democrat. Our Nation's Medicare system is on shaky financial ground. Democrats' answer is to massively expand the program to the tune of trillions of dollars. Two weeks ago, the Social Security and Medicare trustees released their annual report. According to the report, beginning in 2026, Medicare will not be able to meet its obligations. This doesn't even seem to register on Democrats' radar. They steamroll right past the program's already shaky financial status and ask the American people to believe that, somehow, massively expanding the program to include almost the entire U.S. population at a pricetag of staggering proportions will work. It is difficult to overstate just how unrealistic Democrats' Medicare for All fantasy is. Start with the pricetag: $32 trillion over 10 years. To put that number in perspective, that is more money than the Federal Government has spent in the last 8 years combined--on everything. That $32 trillion estimate is likely too low, as it was based on an earlier version of the Medicare for All plan of the Senator from Vermont. His new plan also includes a massive new benefit--funding for long-term care, an enormously expensive part of the healthcare system.…
Said by
John Thune
Republican · South Dakota

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