Medicare, Medicaid, and Social SecurityJune 12, 2012
Since Obama took office in 2009, we have been working to dig ourselves out of the debt amassed by this administration. Because of this, we are forced to look at all federal spending to determine a path forward that is both fiscally responsible and honors the commitments we have made to all Americans. This is especially true when discussing Medicare, Medicaid and Social Security. These programs make up for 45% of the federal budget and are continuing to grow larger each year.
Whether the president and Congressional Democrats like it or not, Medicare and Social Security simply cannot maintain the status quo and survive. Therefore, in order to save both of these programs for future generations, we are looking at many different options. I promise you that none of these options for saving Medicare or Social Security will affect anyone currently receiving either one. Those who are 55 years and older have paid into these systems their entire lives and their benefits should not be affected simply because Congress has refused to act.