President Obama has admitted that Medicare is on an unsustainable course and that no amount of tax increases can fix it.
Sentiment: NEGATIVE
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 President didn't offer any clarity in his latest speech about what he would do to tackle our nation's debt before it tackles us and it's still not clear how he'll keep Medicare from going bankrupt. One thing is clear though, Barack Obama isn't interested in governing or putting forward solutions to fix our nation's problems.
Some said he couldn't take on the insurance companies that were ripping us off. But President Obama made the tough and right call to save lives, save Medicare and ensure no one goes broke just because they get sick.
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.
Obama has demonstrated no desire to make tough choices. Americans demand a more efficient, effective government, but his budget calls for more taxes and more spending. It employs deceptive accounting gimmicks but does nothing to tackle long-term entitlement problems, nothing to save Medicare or fix Social Security.
We shouldn't be undermining Medicare for those who need it most in order to give more tax cuts to those who need them least.
The greatest threat to Medicare is Obamacare, and we're going to stop it.
Well, the taxes that everyone else is paying are supporting lots of programs that were in place prior to Obama's new spending. So new spending has too be paid for by new taxes, or by eliminating existing tax breaks. And Obama wants that burden to be borne exclusively by the rich.
President Obama, through health care reform, strengthened Medicare. How did he do that? Well, he found savings by cutting subsidies to insurance companies, ensuring we were rooting out waste and fraud, and he used those savings to put it back into Medicare.
President Obama has already ended Medicare as we know it.