Medicare 30th Anniversary

Addressing government officials, legislators and citizens gathered to celebrate the 30th anniversary of the enactment of Medicare… read more

Addressing government officials, legislators and citizens gathered to celebrate the 30th anniversary of the enactment of Medicare legislation, President Clinton said the congressional majority wants to use the benefits provided under Medicare, paid for by a dedicated payroll tax, as a piggybank to fund huge tax cuts for people who don’t really need them. He said he has shown that we can have a balanced budget plan with no new Medicare costs for older Americans but which stabilizes the Medicare Trust Fund. "If they would just reduce the size of the tax cut, target the middle class families and their basic needs, and string out the time which we take to balance the budget, we would not need one penny of the Medicare beneficiary cuts they’ve proposed," he stated. For bipartisan Medicare reform President Clinton outlined four principles that he believes both parties should approve: 1) ensure that good, affordable health care is available to all older Americans; 2) not cut Medicare to pay for a bigger tax cut than can be justified, that goes to people who don’t really need it; 3) reduce medical cost inflation and stabilize the Medicare Trust Fund through genuine reforms; and 4) not cut Medicare to older Americans to balance the budget. close

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Medicare 30th Anniversary

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Program ID:
66328-1
Category:
White House Event
Format:
Statement
Location:
Washington, District of Columbia, United States
First Aired:
Jul 26, 1995

Airing Details

  • Jul 26, 1995 | 5:33am EDT | C-SPAN 2
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Medicare 30th Anniversary

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