Topics in the News: Entitlement Reform
Barack Obama on Budget & Economy
: Feb 12, 2013
Uphold full faith & credit of US; keep government open
I realize that tax reform and entitlement reform won't be easy. The politics will be hard for both sides. None of us will get 100 percent of what we want. But the alternative will cost us jobs, hurt our economy, and visit hardship on millions of
hardworking Americans. So let's set party interests aside, and work to pass a budget that replaces reckless cuts with smart savings and wise investments in our future. And let's do it without the brinksmanship that stresses consumers and scares off
investors. The greatest nation on Earth cannot keep conducting its business by drifting from one manufactured crisis to the next. Let's agree, right here, right now, to keep the people's government open, pay our bills on time, and always
uphold the full faith and credit of the United States of America. The American people have worked too hard, for too long, rebuilding from one crisis to see their elected officials cause another.
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Source: 2013 State of the Union Address
Joe Biden on Health Care
: Oct 11, 2012
Medicare gives seniors choice, even if Rx prices negotiated
BIDEN: If we just did one thing--allow Medicare to bargain for the cost of drugs like Medicaid can--that would save $156 billion right off the bat. RYAN: And it would deny seniors choices.
BIDEN: All you seniors out there, have you been denied
choices? Have you lost Medicare Advantage?
RYAN: Because it's working well right now.
BIDEN: Because we changed the law!
Q: Why not very slowly raise the Medicare eligibility age by two years, as Congressman Ryan suggests?
BIDEN:
I was there when we did that with Social Security, in 1983. We made the system solvent to 2033. We will not, though, be part of any voucher [that says] when you're 65, go out there, shop for the best insurance you can get; you're out of Medicare.
This voucher will not keep pace with health care costs, because if it did keep pace with health care costs, there would be no savings.
RYAN: A voucher is you go to your mailbox, get a check and buy something. Nobody's proposing that.
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Source: 2012 Vice Presidential debate
Barack Obama on Social Security
: Oct 3, 2012
Tweak Social Security like Reagan did, but keep entitlements
Q: Do you see a major difference between the two of you on Social Security?OBAMA: I suspect that, on Social Security, we've got a somewhat similar position. Social Security is structurally sound. It's going to have to be tweaked the way it was by
Ronald Reagan and Democratic Speaker Tip O'Neill. But the basic structure is sound. But I want to talk about the values behind Social Security and Medicare--what's called entitlements.
You know, the name itself implies some sense of dependency on the part of these folks. These are folks who've worked hard, and there are millions of people out there who are counting on this. So my approach is to say, how do we strengthen
the system over the long term? And in Medicare, what we did was we said, we are going to have to bring down the costs if we're going to deal with our long-term deficits, but to do that, let's look where some of the money's going.
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Source: First Obama-Romney 2012 Presidential debate
Paul Ryan on Health Care
: Aug 11, 2012
Replace ObamaCare with patient-centered reforms
No one should face bankruptcy because of a catastrophic illness; no one should be denied health coverage because they are considered "uninsurable." Unfortunately, the President's new open ended health care entitlement will exacerbate the current
problems in health care. His plan has already forced people to lose their current coverage, increased premiums and will take away Medicare Advantage plans from millions of seniors.
Claims that the new entitlement will lower the federal deficit fly in
the face of the facts. Adding tens of millions of new beneficiaries, who will be subsidized by the federal government, will drive up health care costs, and fees will force employers to reduce their workforces. We need to fix what is broken in health
care without breaking what is working. That's why I voted to repeal this law. We need to replace it with patient centered reforms. I don't believe a bureaucrat should be in charge of your health care decisions--you should be in charge.
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Source: 2012 House campaign website, ryanforcongress.com, "Issues"
Gary Johnson on Budget & Economy
: Aug 1, 2012
Lay out a process for state bankruptcies
Here's what the National Review had to say, in a January 2011 interview: "If Gary Johnson were president, he would immediately cut all federal spending--entitlements, defense, education, everything--by
43% to rectify our fiscal blunders. And he'd just be getting started. What is [Johnson's] philosophy? In 2 words: limited government.
"He suggests that to encourage fiscal discipline, the federal
government should pass a law that lays out a process for state bankruptcies--which are impossible under current law and would be hard to square with sovereign immunity--and makes it clear that federal bailouts are
off the table. 'Everybody would scream' if a state went into bankruptcy, Johnson admits, but a federal bailout would only encourage profligacy."
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Source: Seven Principles, by Gary Johnson, p.140-141
Gary Johnson on Homeland Security
: Aug 1, 2012
Should we have 100,000 troops on the ground in Europe?
Focus spending cuts on "the Big 4" government programs: Medicare, Medicaid, Social Security and Defense.On Defense: We shouldn't have gone into Iraq and Afghanistan. But should we have 100,000 troops on the ground in Europe? Because America has been
willing to be the world's policeman, other nations can afford infrastructure projects that the US cannot. That doesn't make sense. The alternative is for the US economy to slide to 3rd-world status. And the danger of a fundamental collapse is real.
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Source: Seven Principles, by Gary Johnson, p.105-106
Gary Johnson on Social Security
: Aug 1, 2012
Raise the retirement age to 70 or 72
One last issue that needs a dose of reality is our country's approach to Social Security and other entitlement programs. I've been on the record about this problem for years. As ABC News noted in 2010:"Citing a story in USA Today which reported that a
rash of retirements in 2009 is pushing Social Security to the brink, Johnson said the retirement age needs to be raised perhaps to 70 or 72. "This is the reality, we're broke," said Johnson. "We're broke."
That's STILL the reality.
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Source: Seven Principles, by Gary Johnson, p. 76
Gary Johnson on Social Security
: Aug 1, 2012
A portion of Social Security ought to be privatized
Social Security really needs to be reformed. Medicaid probably needs to be capped when it comes to the states. Medicare, there needs to be some sort of means testing.
The [Social Security] retirement age needs to be raised. A portion of Social Security ought to be privatized, if not all. And there probably needs to be some means testing. It's a Ponzi scheme that's not sustainable.
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Source: Seven Principles, by Gary Johnson, p.107
Barack Obama on Health Care
: Apr 24, 2012
GOP budget plan ends Medicare as we know it
A senior White House official would later claim that the president and his speechwriters had been unaware that Ryan had been invited to the event. Obama's speech that afternoon amounted to a stern rebuke of the Path to Prosperity. "It's a vision that
says America can't afford to keep the promise we've made to care for our seniors. Put simply, it ends Medicare as we know it. Many are someone's grandparents who wouldn't be able to afford nursing home care without Medicaid.
Some are middle-class families who have children with autism or Down's syndrome.These are the Americans we'd be telling to fend for themselves."Ryan sat and tried not to explode.
The attack felt both gratuitous and personal to him. As he would later say, "'Autism,' 'kids with Down's syndrome,' 'maybe your grandparents' -- that's demagoguery. That's rank demagoguery, and it's beneath the office."
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Source: Do Not Ask What Good We Do, by Robert Draper, p.142-143
Paul Ryan on Health Care
: Apr 24, 2012
Obama: Ryan's budget plan ends Medicare as we know it
A senior White House official would later claim that the president and his speechwriters had been unaware that Ryan had been invited to the event. Obama's speech that afternoon amounted to a stern rebuke of the Path to Prosperity. "It's a vision that
says America can't afford to keep the promise we've made to care for our seniors. Put simply, it ends Medicare as we know it. Many are someone's grandparents who wouldn't be able to afford nursing home care without Medicaid.
Some are middle-class families who have children with autism or Down's syndrome.These are the Americans we'd be telling to fend for themselves."Ryan sat and tried not to explode.
The attack felt both gratuitous and personal to him. As he would later say, "'Autism,' 'kids with Down's syndrome,' 'maybe your grandparents' -- that's demagoguery. That's rank demagoguery, and it's beneath the office."
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Source: Do Not Ask What Good We Do, by Robert Draper, p.142-143
Ron Paul on Welfare & Poverty
: Jan 8, 2012
Entitlements are not rights; only big guys get entitlements
Q: Many Americans believe that health care is a right. What services are all Americans entitled to expect to get from government? PAUL: Entitlements are not rights. Rights mean you have a right to your life and you have a right to your liberty. I, in
a way, don't like to use terms [like] gay rights, women's rights, minority rights, religious rights. There's only one type of right, it's your right to your liberty. It's caused divisiveness when we see people in groups because, for too long, we punished
groups, so the answer then was let's relieve them by giving them affirmative action. I think both are wrong. If you think in terms of individuals and protect every single individual, no, they're not entitled. One group isn't entitled to take something
from somebody else. There's a lot of good intention to help poor people. But guess who gets the entitlements in Washington? The big guys get them, the rich people. They run the entitlement system, the military industrial complex, the banking system.
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Source: Meet the Press 2012 GOP New Hampshire debate
Jill Stein on Social Security
: Dec 21, 2011
Social Security is not in crisis; and it's not a handout
Q: How do you feel about privatizing Social Security?A: Social Security needs to be protected. People have put into Social Security--it is not an entitlement program in that sense. It is not a free lunch, not a government handout--it's a return on
what people have put into it. It's critical to elders--their resources are being drained. Debt among elders is skyrocketing--we can hardly afford to trim back Social Security as would happen in a privatized system.
We would challenge the very notion that Social Security is in crisis mode warranting messing with its foundations. It's not in crisis at all.
Q: Do you support raising the cap on
Social Security deductions, above the current limit of $106,000?
A: The cap could be lifted to ensure that Social Security should be solvent m without question forever.
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Source: 2011 OnTheIssues interview with Jill Stein
Mitt Romney on Corporations
: Nov 22, 2011
Everything corporations earn also goes to people
At the Iowa State Fair in Aug. 2011, Romney mixed it up with a heckler:Romney: "We have to make sure that the promises we make--and Social Security, Medicaid, and Medicare--are promises we can keep. And there are various ways of doing that. One is, we
could raise taxes on people."
Heckler: "Corporations!"
Romney: "Corporations are people, my friend. We can raise taxes on -"
Heckler: "No, they're not!"
Romney: "Of course they are. Everything corporations earn also goes to people."
Audience:
[LAUGHTER]
Romney: "Where do you think it goes?"
Heckler: "It goes into their pockets!"
Romney: "Whose pockets? Whose pockets? People's pockets! Human beings, my friend. So number 1, you can raise taxes. That's not the approach that
I would take."
What Romney means is that revenues earned by corporations end up in the pockets of people; corporations provide jobs that pay people money. What Romney doesn't discuss is what kinds of corporate employees benefit most from low taxes.
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Source: An Inside Look, by R.B.Scott, p.210-211
Mitt Romney on Health Care
: Sep 12, 2011
Reform Medicare, but don't cancel prescription program
Q: If you were president, would you repeal prescription drug benefits for seniors under Medicare? PERRY: No. But it's a $17 trillion hole that we have in our budget we've got to deal with.
Q: [to Romney] How about you?
ROMNEY: I wouldn't repeal it. I'd reform Medicare and reform Medicaid and reform Social Security to get them on a sustainable basis, not for current retirees, but for those in their 20s and 30s and early 50s.
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Source: 2011 GOP Tea Party debate in Tampa FL
Gary Johnson on Health Care
: Aug 21, 2011
Block grant Medicare; carte blanche to the states
Q: You told the Wall Street Journal last year that you support means testing for Medicare and Social Security, for which you said you would raise the eligibility age. In what specific ways would you cut entitlement programs to balance the budget?
A: Specifically, and this is waving the magic wand, because I recognize that there are three branches of government, I would have the federal government cut Medicare and Medicaid by 43% and block grant the programs [to the states] with no strings.
Instead of giving the states one dollar--and it's not really giving because there are strings attached--the federal government needs to give the states 57 cents, take away the strings and give the states carte blanche for how to give health care to the
poor. I reformed Medicaid as governor of New Mexico and, in that context, even with strings attached, I believe I could have delivered health care to the poor. I believe I could have done the same thing with Medicare.
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Source: Interview by Scott Holleran on scottholleran.com blog
Mitt Romney on Corporations
: Aug 11, 2011
Corporations are people
Campaigning in Iowa, Mitt Romney told a heckler, "Corporations are people, my friend"--words immediately seized upon by Democrats in what they termed as a possible defining statement by the presidential candidate.Romney, speaking to a crowd at the Iowa
State Fair, was being pressed about raising taxes to help cover entitlement spending. When one mentioned raising corporate tax rates, Romney responded by saying corporations were no different than people. The line earned him a sustained round of applause
from the crowd.
But the Democratic National Committee fired off emails almost immediately after the remarks, as part of a continuing effort to frame the GOP frontrunner as an out-of-touch elitist, writing: "This is what Mitt Romney is going to run on?"
A small band of hecklers, positioned near the stage, continually quarreled with Romney about whether wealthy Americans should pay higher taxes. "There was a time in this country when we didn't attack people based on their success," Romney said.
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Source: James Oliphant in the Los Angeles Times
Gary Johnson on Budget & Economy
: Jul 21, 2011
Opposed TARP, stimulus & Fannie Mae bailout
On federal issues, Governor Johnson says he would have opposed TARP. "Government should not have been involved in this. Why should Goldman and AIG be saved but not Lehman?" He also wants to eliminate government subsidies for Fannie Mae and
Freddie Mac. He says he would have voted against the stimulus. He has said that he would cut the federal budget by 43%, "Start out with the big four - Medicaid, Medicare, Social Security and defense," Johnson said in New Hampshire in early 2011.
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Source: Club for Growth 2012 Presidential White Paper #9: Johnson
Gary Johnson on Health Care
: Jul 21, 2011
Salud!: managed care for Medicaid recipients
Governor Johnson has an excellent record of holding down the exploding growth of entitlement programs that now cripple state budgets. As Governor, Johnson presided over the beginning of managed care for Medicaid recipients in
New Mexico and pushed for speedy implementation. The managed care program (known as Salud!) replaces fee-for service and covers approximately two-thirds of available services under Medicaid.
Salud! has generally been described as operating with "significant savings to both the State and Federal governments," when compared to fee-for-service. In 2002, Johnson proposed limiting eligibility for Medicaid from 235% of the federal poverty level
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Source: Club for Growth 2012 Presidential White Paper #9: Johnson
Gary Johnson on Social Security
: Jul 21, 2011
Reform all entitlements, including Social Security
Q: You all support balancing the budget! But what entitlements would you go after? Johnson: Medicaid and Medicare and reforming Social Security.
Bachmann: Obamacare, the largest entitlement and spending program in our country's history.
Gingrich: Also, fraud in Medicaid and Medicare are rampant. We should stop paying the crooks.
Cain: I would focus on major entitlement reform. This would focus on programs similar to Social Security.
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Source: 2011 Republican primary debate on Twitter.com
Gary Johnson on Social Security
: Jul 21, 2011
Open to personal accounts for Social Security
Governor Johnson's website lists some major entitlement reform proposals, including to fix Social Security by changing the escalator from being based on wage growth to inflation.
Governor Johnson has also said that he would be open to personal accounts for Social Security, as well as means testing the program.
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Source: Club for Growth 2012 Presidential White Paper #9: Johnson
Gary Johnson on Welfare & Poverty
: Jul 21, 2011
Impose gross income cap on welfare recipients
In 2000, Governor Johnson proposed to re-impose a gross income cap on welfare recipients. Governor Johnson's website lists some major entitlement reform proposals, including: - Block grant Medicare and Medicaid funds to the states, allowing them
to innovate, find efficiencies and provide better service at lower cost.
- Fix Social Security by changing the escalator from being based on wage growth to inflation
- Repeal ObamaCare, as well as the failed Medicare prescription drug benefit.
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Source: Club for Growth 2012 Presidential White Paper #9: Johnson
Gary Johnson on Health Care
: May 2, 2011
Repeal ObamaCare & failed Medicare prescription drug benefit
Government spends too much because it does too much. Unchecked deficits are the single greatest threat to our national security. Unless we take significant steps soon, our federal debt will equal the entire economic production of the United States.
We should start by reassessing the role of the federal government, and always asking the question: Should the government be doing this in the first place? We must act now to enact responsible entitlement reform: - Identify and implement common-sense
cost savings to place Medicare on a path toward long-term solvency.
- Block grant Medicare and Medicaid funds to the states, allowing them to innovate, find efficiencies and provide better service at lower cost.
- Repeal ObamaCare, as well as the
failed Medicare prescription drug benefit.
- Fix Social Security by changing the escalator from being based on wage growth to inflation. It's time for Social Security to reflect today's realities without breaking trust with those soon to retire.
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Source: Presidential campaign website, garyjohnson2012.com, "Issues"
Paul Ryan on Health Care
: May 2, 2011
FactCheck: No, Medicare cost doesn't exceed national defense
Paul Ryan writes, "Medicare & Medicaid together consume 22% of the federal budget--more than national defense, including the costs of the two wars." That statement is only true if one defines "national defense" strictly as the budget for the
Department of Defense (totaling $664B, or 20% of the 2010 budget, compared to $793B for Medicare/Medicaid, or 23% of the 2010 budget). Ryan adds the "two wars" clause to imply a more general definition of "defense," but just adding the two wars excludes
several very large defense expenditures in departments other than DoD: - $125B on DVA and Veterans pensions
- $47B on Homeland Security
- $109B on interest on debt from past war expenditures
- $34B for defense-related expenditures under the FBI,
NASA, the Energy Department, & the State Department
- National defense expenditures hence total $979B or 28% of the budget.
These are the low-end estimates for the 2010-2012 budget; see our "Background on Homeland Security" page for more details.
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Source: OnTheIssues FactCheck on Young Guns, p.116
Gary Johnson on Social Security
: May 2, 2011
Change escalator from wage-based to inflation-based
We must act now to:- Balance the Budget. The math is simple: Federal spending must be cut not by millions or billions, but by trillions. And it must be done today. It's time to:
- Reassess the role of the federal government and identify
responsibilities that can be met more efficiently by the private sector.
- Enact Responsible Entitlement Reform: Most people in Washington seem to think that we can control spending and balance the budget without reforming Medicare, Medicaid and
Social Security. This is lunacy.
- Fix Social Security by changing the escalator from being based on wage growth to inflation. It's time for Social Security to reflect today's realities without breaking trust with those soon to retire.
-
Audit the Federal Reserve: We have a right to understand the process by which our currency is being created and managed.
- Get the Federal Reserve out of the business of propping up the stock market through quantitative easing.
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Source: Presidential campaign website, garyjohnson2012.com, "Issues"
Gary Johnson on War & Peace
: May 2, 2011
Eliminate ineffective interventions in Iraq & Afghanistan
This recession has forced families and businesses across America to make hard choices and limit their expenditures. We must now expect our elected officials to make the tough calls that will keep our government on a sustainable path moving forward.
We must restrain spending across the board:- Revise the terms of entitlement programs such as Medicare, Medicaid, and Social Security, which threaten to bankrupt the nation's future.
-
Eliminate the costly and ineffective military interventions in Iraq and Afghanistan; limit defense spending to actions that truly protect the United States.
-
Stop spending on the fiscal stimulus, transportation, energy, housing, and all other special interests. The US must restrain spending across the board.
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Source: Presidential campaign website, garyjohnson2012.com, "Issues"
Gary Johnson on Budget & Economy
: Apr 22, 2011
Balance budget by cutting entitlements AND Defense
Gary Johnson said on ABC's "Top Line" that Republicans should be more aggressive than they've been in cutting federal spending.
They should take on entitlement programs, too; Medicare and Medicaid could be slashed by 43% and turned into grant programs for the states to distribute."I think we should balance the federal budget tomorrow,"
Johnson said. "I'm optimistic. I think Americans are optimistic. We went to the moon, we can balance the federal budget. We can fix this.
We're not addressing the problems that we face, and that starts with Medicaid, Medicare, reforming Social Security and Defense. And I mean cutting those areas
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Source: Rick Klein, ABC News, "Obscurity to Prominence"
Ron Paul on Health Care
: Apr 19, 2011
ObamaCare is only as socialized as Bush's & Nixon's reforms
Obama has been accused of pushing for socialized medicine. This is not exactly true. Maybe in time it will become a total government program. But actually his reforms are very similar to reforms pushed by the Republicans over the decades. The Republican
Party under Eisenhower established the Department of Health, Education and Welfare in the 1950s. Nixon pushed through managed care ERISA laws in the early 1970s after a decade of Democrats implementing their Medicare and Medicaid programs with strong
Republican support. The Reagan administration expanded medical transfer payments. Prescription drug programs were passed by the George Bush administration and a
Republican Congress. And now it's the Democrats' turn once again. Republicans shout "socialized medicine" as they became the nominal opponents of Obama Care.
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Source: Liberty Defined, by Rep. Ron Paul, p.196
Barack Obama on Health Care
: Jan 26, 2011
Repealing healthcare reform would cost $250B
The bipartisan fiscal commission concluded that the only way to tackle our deficit is to cut excessive spending wherever we find it--in domestic spending, defense spending, health care spending, and spending through tax breaks and loopholes.
This means further reducing health care costs, including programs like Medicare and Medicaid, which are the single biggest contributor to our long-term deficit. The health insurance law we passed last year will slow these rising costs, which is part
of the reason that nonpartisan economists have said that repealing the health care law would add a quarter of a trillion dollars to our deficit.
Still, I'm willing to look at other ideas to bring down costs, including one that Republicans suggested last year--medical malpractice reform to rein in frivolous lawsuits.
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Source: 2011 State of the Union speech
Sarah Palin on Government Reform
: Jan 25, 2011
Cut funding for "fluffery" like the NPR and NEA
Palin had some particularly harsh words [for Obama's economic policy]: "The president is so off base in his ideas on how it is that he believes government is going to create jobs. Obviously government growth won't create any jobs, it's the private sector
that can create the jobs." [When the interviewer asked] for specifics besides emphasizing the private sector over the public sector, Palin said she would cut funding for "fluffery" like the NPR and NEA, along with "Obamacare" and entitlement programs.
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Source: 2011 State of the Union: Republican Response
Paul Ryan on Health Care
: Jan 25, 2011
Open-ended healthcare entitlement moves US toward bankruptcy
The President and his party created a new open-ended health care entitlement. What we already know about the President's health care law is this: Costs are going up, premiums are rising, and millions of people will lose the coverage they currently have.
Job creation is being stifled by all of its taxes, penalties, mandates and fees.Businesses and unions from around the country are asking the Obama Administration for waivers from the mandates. Washington should not be in the business of picking winner
and losers. The President mentioned the need for regulatory reform to ease the burden on American businesses. We agree--and we think his health care law would be a great place to start.
Last week, House Republicans voted for a full repeal of this law,
as we pledged to do, and we will work to replace it with fiscally responsible, patient-centered reforms that actually reduce costs and expand coverage. The President's law is accelerating our country toward bankruptcy.
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Source: 2011 State of the Union: Republican Response
Paul Ryan on Social Security
: Sep 14, 2010
Invest 1/3 of payroll tax in personal savings account
I have put forward my specific solution, called "A Roadmap for America's Future," to meet this challenge [of the economic crisis and the future of entitlements].The problem, in a nutshell is this:
Medicare, Medicaid, and Social Security, three giant entitlements, are out of control. Expanding costs will drive our federal government and national economy to collapse.
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Source: Young Guns, by Reps. Ryan, Cantor & McCarthy, p.136
Marco Rubio on Social Security
: Apr 7, 2010
Raise retirement age for those now under 55
On Social Security reform, Rubio said that he favored raising the age only for people younger than 55, meaning current beneficiaries would not be affected. He agrees with a sweeping entitlement reform plan advanced by Rep. Paul Ryan,
R-Wis., that would raise the age for full benefits to 70 by 2098, with the gradual climb beginning in 2018. The plan, which has gained notice beyond Washington, also includes changing an indexing formula under which benefits are adjusted.
In the debate, Rubio said he's open to rejiggering the cost of living adjustment. Like Ryan, Rubio does not go as far as some policymakers would, including increasing payroll taxes or lifting the income ceiling for taxable income, now $106,800.
Asked what he would do, Crist said that raising the age "really flies in the face of an awful lot of my fellow Floridians" and said he would root out waste and fraud instead.
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Source: St. Petersburg Times on 2010 Florida Senate debate
Marco Rubio on Social Security
: Mar 28, 2010
Hard choices for people under 40, to avoid runaway growth
Q: You say you would freeze federal discretionary spending except for security spending, on homeland security and the Pentagon. But that's the same spending freeze that Pres. Obama supports, which covers 13% of the federal budget.RUBIO:
The freeze is not enough. We can freeze the non-military discretionary spending and it's a good step forward. But ultimately, tackling the issue of the federal debt is going to require significant entitlement reforms. That means programs like Medicare,
Social Security and Medicaid have to be reformed if we hope to save them so that they exist for my generation. That means we are going to call upon people my age--I turn 39 in May--and people that are far from retirement to make difficult but
important and necessary choices to ensure that the runaway growth in entitlement programs and federal spending does not diminish our future or bankrupt America.
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Source: Fox News Sunday 2010 Florida primary Senate debate
Mitt Romney on Social Security
: Mar 2, 2010
So-called "Trust Fund" has defrauded American people
A fiction that's often used to obscure the extent of the crisis is the so-called Social Security Trust Fund, which the American public is assured has a large positive balance. Yet it is not a fund in the conventional sense of the world. From the fund's
inception, money collected from payroll taxes hasn't been "locked away," but rather has been used to pay benefits of current beneficiaries. There simply is no "fund" safely invested somewhere, and therefore entitlement programs will consume an ever
larger share of our economic output. There is no fund, and there is no silver bullet.To put it in a nutshell, the American people have been effectively defrauded out of their Social Security. In 1982, the government raised Social Security taxes with
the intention of creating a surplus that could be set aside in some fashion for the baby boomers when they retired. But for the last thirty years, the surplus has been spent, not on retirement security, but on regular budget items.
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Source: No Apology, by Mitt Romney, p.157
Mitt Romney on Welfare & Poverty
: Mar 2, 2010
Entitlements: focus on future beyond next election
The entitlement liability can be rectified, and the first step is to create public awareness that pushes the issue to the front burner. That will require political leaders who believe that their next election is less important than their children's
future to speak out. It will also require able and relentless investigative voices in the media to refuse to let candidates off the hook who do not confront this issue.
Prior to the 2008 economic collapse, there was reason to be hopeful that these voices would emerge. But the turbulence and uncertainty surrounding the financial crisis may keep the entitlement emergency in the shadows, allowing politicians to
continue to ignore it for a while longer. Unfortunately, President Obama has done nothing in his first year in office to call attention to this looming crisis or to advance any solutions.
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Source: No Apology, by Mitt Romney, p.156
Mitt Romney on Homeland Security
: Feb 20, 2010
No Miranda rights for suicide bombers
Before we move away from this "No" epithet that the Democrats are fond of trying to apply to us, let's ask the Obama folks why they say no: no to a balanced budget, no to reforming entitlements, no to malpractice reform, no to missile defense in eastern
Europe, no to prosecuting Khalid Sheikh Mohammed in a military tribunal. Conservatism has had from its inception vigorously positive, intellectually rigorous agenda and thinking. That agenda should have, mind you, three pillars: strength in the
economy, strength in our security and strength in our families.
We will strengthen our security by building missile defense, restoring our military might and standing by and strengthening our intelligence officers. Conservatives believe in
providing constitutional rights to our citizens, not to enemy combatants like Khalid Sheikh Mohammed.
Not on our watch. A conversation with a would-be suicide bomber will not begin with the words, "You have the right to remain silent."
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Source: Speech to 2010 Conservative Political Action Conference
Paul Ryan on Health Care
: Jan 29, 2010
Medicare is a $38 trillion unfunded liability--add vouchers
Pres. OBAMA: The major driver of our long-term liabilities, is Medicare and Medicaid and our health care spending. That's going to be what our children have to worry about. Now, [Rep. Paul Ryan's] approach--if I understand it correctly, would say we're
going to provide vouchers of some sort for current Medicare recipients at the current level.Rep. RYAN: No.
Pres. OBAMA: No?
Rep. RYAN: People 55 and above are grandfathered in.
Pres. OBAMA: But just for future beneficiaries, the basic idea would
be that at some point we hold Medicare cost per recipient constant as a way of making sure that that doesn't go way out of whack, right?
Rep. RYAN: We drew it as a blend of inflation and health inflation. Medicare is a $38 trillion unfunded liability--
it has to be reformed for younger generations because it's going bankrupt. And the premise of our idea is, why not give people the same kind of health care plan we here have in Congress?
Click for Paul Ryan on other issues.
Source: Obama Q&A at 2010 House Republican retreat in Baltimore
Barack Obama on Health Care
: Jan 29, 2010
Medicare is major driver of our long-term liabilities
Pres. OBAMA: The major driver of our long-term liabilities, is Medicare and Medicaid and our health care spending. That's going to be what our children have to worry about. Now, [Rep. Paul Ryan's] approach--if I understand it correctly, would say we're
going to provide vouchers of some sort for current Medicare recipients at the current level.Rep. RYAN: No.
Pres. OBAMA: No?
Rep. RYAN: People 55 and above are grandfathered in.
Pres. OBAMA: But just for future beneficiaries, the basic idea would
be that at some point we hold Medicare cost per recipient constant as a way of making sure that that doesn't go way out of whack, right?
Rep. RYAN: We drew it as a blend of inflation and health inflation. Medicare is a $38 trillion unfunded liability--
it has to be reformed for younger generations because it's going bankrupt. And the premise of our idea is, why not give people the same kind of health care plan we here have in Congress?
Click for Barack Obama on other issues.
Source: Obama Q&A at 2010 House Republican retreat in Baltimore
Barack Obama on Government Reform
: Jan 27, 2010
Freeze discretionary government spending for 3 years
Families across the country are tightening their belts and making tough decisions. The federal government should do the same. So tonight, I'm proposing specific steps to pay for the trillion dollars that it took to rescue the economy last year.
Starting in 2011, we are prepared to freeze government spending for three years. Spending related to our national security, Medicare, Medicaid, and Social Security will not be affected. But all other discretionary government programs will.
Like any cash-strapped family, we will work within a budget to invest in what we need and sacrifice what we don't. And if I have to enforce this discipline by veto, I will.
We will continue to go through the budget, line by line, page by page, to eliminate programs that we can't afford and don't work. We've already identified $20 billion in savings for next year.
Click for Barack Obama on other issues.
Source: 2010 State of the Union Address
Paul Ryan on Budget & Economy
: Jul 4, 2009
Road Map for America's Future: cut entitlement spending
Rep. Ryan has been working on major reforms of our tax code and entitlement programs for more than ten years. Realizing Social Security, Medicare, Medicaid, and private health insurance are all entwined with our tax code, Ryan spent two years working with
dozens of staff and experts to develop a comprehensive reform proposal that encompasses all of these important domestic issues. His plan is called A Road Map for America's Future. In his introduction to the plan, Ryan writes:"Currently, we are on a
path of unsustainable Federal Government spending. The main problem, and greatest threat to our nation's economic future, is the looming crisis of entitlement spending. The well-intentioned social insurance strategies of the past century--particularly
Social Security, Medicare and Medicaid--are headed toward financial collapse...compounding this problem is a tax code that discourages work, saving, and investment--and puts American companies at a significant disadvantage with business overseas."
Click for Paul Ryan on other issues.
Source: Saving Freedom, by Jim DeMint, p.242-243
Barack Obama on Social Security
: Oct 7, 2008
Good health care and tax reform will save entitlements
Q: How should we fix Social Security and other entitlement programs?OBAMA: If we get our tax policies right so that they’re good for the middle class, if we reverse the policies of the last eight years that got us into this fix in the
first place and that Sen. McCain supported, then we are going to be in a position to deal with Social Security and deal with Medicare, because we will have a health care plan that actually works for you, reduces spending and costs over the long term, and
Social Security that is stable and solvent for all Americans and not just some.
McCAIN: What we have to do with Medicare is have the smartest people in
America come together, come up with recommendations, and then, like the base-closing commission idea we had, then we should have Congress vote up or down.
Click for Barack Obama on other issues.
Source: 2008 second presidential debate against John McCain
Barack Obama on Budget & Economy
: Sep 26, 2008
Spending freeze is like a hatchet where you need a scalpel
Q: In the middle of a huge financial crisis that is yet to be resolved, how this is going to affect you not in small ways, but in major ways, and the approach you would take to the presidency.
McCAIN: How about a spending freeze on everything but Defense, Veterans Affairs and entitlement programs? We ought to seriously consider, with the exceptions of caring for our veterans, national defense and several other vital issues.
OBAMA: The problem with a spending freeze is you’re using a hatchet where you need a scalpel. There are some programs that are very important that are currently underfunded. I want to increase early childhood education.
We’re currently spending $10 billion a month in Iraq when they have a $79 billion surplus. It seems to me that if we’re going to be strong at home as well as strong abroad, that we’ve got to look at bringing that war to a close.
Click for Barack Obama on other issues.
Source: 2008 first presidential debate, Obama vs. McCain
Sarah Palin on Budget & Economy
: Sep 21, 2008
Program of $1,200 to every Alaskan: spent on consumer goods
Q: Is Sarah Palin a fiscal conservative?A: She is not for smaller government. Aside from putting the city of Wasilla in debt for the ice rink/sports complex, as governor, she created a new entitlement program that promised $1,200 to
EVERY Alaskan to help with the high cost of heating bills. The checks just arrived a few days ago, and I went to WalMart and the store is empty: there are no flat screens, no
IPods, no electronics, etc. A better investment would have been in alternative energy projects.
Q: Do you think Sarah Palin is equipped to contribute to the handling of our economic crisis?
A: Sarah has zero clue about the economy and the bank crisis and the mortgage crisis.
Click for Sarah Palin on other issues.
Source: Phone interview with Anne Kilkenny, resident of Wasilla AK
Ron Paul on Health Care
: Apr 1, 2008
Replace Medicaid with volunteer pro-bono medical care
In the days before Medicare and Medicaid, the poor and elderly were admitted to hospitals at the same rate they are now, and received good care. Before those programs came into existence, every physician understood that he or she had a responsibility
towards the less fortunate and free medical care was the norm. Hardly anyone is aware of this today, since it doesn’t fit into the typical, by the script story of government rescuing us from a predatory private sector.
Click for Ron Paul on other issues.
Source: The Revolution: A Manifesto, by Ron Paul, p. 84
Mitt Romney on Social Security
: Jan 30, 2008
Rein in the excessive growth in entitlement programs
The Bush revolution and the downturn that we faced when he came in office suggested that we needed a tax cut. There’s no question in my mind that Reagan would have said sign it and vote for it. McCain was one of two that did not. The justification at the
time was because it represents a tax cut for the rich. I believe in getting rates down. That builds our economy. Right now, federal spending is about 60% for entitlements: Social security, Medicare and Medicaid. That’s growing like crazy. It will be
70% entitlements, plus interest, by the time of the next president’s second term. Then the military is about 20% today. No one is talking about cutting the military, we ought to grow it. There’s not enough in the 20% to go after if we don’t go after
the entitlement problem. We’re going to rein in the excessive growth in those areas. We’re not going to change the deal on seniors, but we’re going to have to change the deal for 20 and 30 and 40-year-olds, or we’re going to bankrupt our country.
Click for Mitt Romney on other issues.
Source: 2008 Republican debate at Reagan Library in Simi Valley
Mitt Romney on Budget & Economy
: Jan 24, 2008
Make sure that we rein in spending
We’re going to have to make sure that we rein in spending. It’s not just we all agree on the earmarks & the pork barrel spending & the “Bridge to Nowhere.” But the big one is entitlements & reining in entitlement costs, and that’s where the big dollars
are. What you’re seeing in a weakening dollar, in a declining stock market, in foreign countries coming here to buy into our banks, you’re seeing the foundation of our economy being shaken by that we haven’t been doing the job that needs to be done.
Click for Mitt Romney on other issues.
Source: 2008 GOP debate in Boca Raton Florida
Mitt Romney on Government Reform
: Dec 12, 2007
Focus on global Jihad, immigration, tax cut, and healthcare
I want to establish a strategy to help us overwhelm global Jihad and keep the world safe. I want to end illegal immigration. I want to end the expansion of entitlements, rein them in. I want to end the extraordinary growth in federal spending and keep
our tax burden down and reduce our tax burden on middle-income families. I want to get us on a track to become energy-independent. I want to get our schools on a track so they can become competitive globally, and get health insurance for every citizen.
Click for Mitt Romney on other issues.
Source: 2007 Des Moines Register Republican Debate
Barack Obama on Health Care
: Oct 30, 2007
Tackle insurance companies on reimbursement system
We need to deal with the insurance companies. On Medicare and Medicaid, the reimbursement system is not working the way it should.
Instituting a universal health-care system that emphasizes prevention will free up dollars that potentially then can go to reimbursing doctors a little bit more.
Click for Barack Obama on other issues.
Source: 2007 Democratic debate at Drexel University
Hillary Clinton on Health Care
: Oct 30, 2007
Insurance companies cannot deny people coverage
My proposal gives the insurance companies an ultimatum. They have to get into the business of actually providing insurance, instead of trying to avoid covering people. They cannot deny people coverage. They cannot have a pre-existing condition which is
not covered. That is one of the biggest problems that doctors face. They face this constant barrage of harassment and bureaucratization from the private insurance world. We need to clean up Medicare & Medicaid. They’re not as friendly as they need to be.
Click for Hillary Clinton on other issues.
Source: 2007 Democratic debate at Drexel University
Mitt Romney on Social Security
: Oct 21, 2007
Favors private accounts; prepared to be entirely bold
Romney said he “was prepared to be entirely bold,” in taking on the politically perilous issue of entitlement spending, “but I’m not prepared to cut benefits for low-income Americans.” He said he favored private accounts and would consider tying
Social Security benefits to prices rather than wages for higher income Americans. Romney said “effective leadership that brings people from both sides of the aisle together” could solve the problem of escalating costs for Medicare and Medicaid.
Click for Mitt Romney on other issues.
Source: Bloomberg.com report on 2007 GOP primary debate in Orlando
Ron Paul on Government Reform
: Jun 15, 2007
Conservatives support big government war policies
War, and the threat of war, are big government’s best friend. Liberals support big government social programs, and conservatives support big government war policies, thus satisfying two major special interest groups. And when push comes to shove, the two
groups cooperate & support big government across the board--always at the expense of personal liberty. Both sides pay lip service to freedom, but neither stands against the welfare/warfare state and its promises of unlimited entitlements & endless war.
Click for Ron Paul on other issues.
Source: A Foreign Policy of Freedom, by Ron Paul, p.365
Hillary Clinton on Health Care
: Mar 24, 2007
Require electronic medical record for all federal healthcare
I want to start requiring that people who do business with the government, namely Medicare, Medicaid, VA, you name it, they’re going to have to move toward electronic medical records. And I’m willing to put some up front money into that to create a
system where all these different health care IT systems can talk to each other, [so no matter where you are], you start with a history. After Hurricane Katrina I went down to Houston to see the people who had been evacuated, most in them from the
convention center. The elderly, the frail. People who were very dependent upon health care, their records were gone. Those 15 pieces of paper were destroyed. And a lot of doctors told me their biggest problem was trying to figure out what prescriptions
to give to people. The only people they could help were the people who had shopped at chain drug stores because they had electronic medical records. If we had that for all of our health records, we’d get costs down & we’d have higher quality health care.
Click for Hillary Clinton on other issues.
Source: SEIU Democratic Health Care Forum in Las Vegas
Ron Paul on Social Security
: Mar 5, 2007
Federal government won’t keep its entitlement promises
When it comes to Social Security and Medicare, the federal government simply won’t be able to keep its promises in the future. That is the reality every American should get used to, despite the grand promises of Washington reformers. Our entitlement
system can’t be reformed--it’s too late. And the Medicare prescription drug bill is the final nail in the coffin--costing at least $1 trillion in the first decade alone, and much more in following decades as the American population grows older.
Don’t believe for a second that we can grow our way out of the problem through a prosperous economy that yields higher future tax revenues. To close the long-term entitlement gap, the US economy would have to grow by double digits every year for the next
75 years.
The answer to these critical financial realities is simple, but not easy: We must rethink the very role of government in our society. Anything less, any tinkering or “reform,” won’t cut it.
Click for Ron Paul on other issues.
Source: Weekly column, “Texas Straight Talk”
Marco Rubio on Welfare & Poverty
: Nov 1, 2006
Institute tax-free zones in downtrodden inner-city areas
During the 1990s, Republicans in the US House of Representatives, seeking an alternative to the failed 1960s-era anti-poverty orthodoxy, approved welfare reform measures that overhauled thirty years of government entitlement programs.
Today, notwithstanding these anti-poverty measures, Miami is one of America's poorest cities--an unacceptable designation.
Fostering growth in downtrodden regions requires a bold, dramatic, and innovative approach to economic development and urban revitalization. The Legislature should institute a pilot program that creates a tax-free zone in the
most economically depressed areas of our state. Florida must resolve to break down the economic obstacles that exist in many urban centers today with the same vigilance and zeal used to assail racial and gender barriers over the past forty years.
Click for Marco Rubio on other issues.
Source: 100 Innovative Ideas, by Marco Rubio, p.165-166
Hillary Clinton on Health Care
: Oct 11, 2006
FDA should compare drug effectiveness--not just safety
In 2003, President Bush and Congress upset their conservative base by creating the largest new entitlement program since the Johnson presidency.Hillary opposed the bill, on the grounds it was not comprehensive enough. She supported numerous amendments
that would have enlarged the program and further increased government involvement in the dispensation of prescription drugs.
One of her amendments sought to order the National Institutes of
Health to conduct and compile more drug studies, as well as to advise and inform patients and doctors about which drugs work best. The amendment was specifically aimed at increasing the government’s role in medicine. Clinton defended it by noting, “While
the FDA is responsible for determining safety and effectiveness of prescription drugs compared to a placebo, there is no government entity responsible for examining whether drug A is more effective at treating a particular condition than drug B.”
Click for Hillary Clinton on other issues.
Source: Vast Right-Wing Conspiracy, by Amanda Carpenter, p. 75-76
Barack Obama on Health Care
: Oct 1, 2006
The market alone can’t solve our health-care woes
President Clinton took a stab at creating a system of universal coverage, but was stymied. Since then, public debate has been deadlocked.Given the money we spend on health care, we should be able to provide basic coverage to everyone. But we have to
contain costs, including Medicare and Medicaid.
The market alone cannot solve the problem--in part because the market has proven incapable of creating large enough insurance pools to keep costs to individuals affordable. Overall, 20% of all patients
account for 80% of the care, and if we can prevent disease or manage their effects, we can dramatically improve outcomes and save money.
With the money saved through increased preventive care and lower administrative and malpractice costs, we would
provide a subsidy to low-income families and immediately mandate coverage for all uninsured children.
There is no easy fix, but the point is that if we commit to making sure everyone has decent care, there are ways to do it.
Click for Barack Obama on other issues.
Source: The Audacity of Hope, by Barack Obama, p.183-185
Mitt Romney on Social Security
: Aug 25, 2006
Reform entitlements by negotiating behind closed doors
Romney says it’s time to reform the two major entitlement programs: Social Security and Medicare. “It’s really not possible for us to remain a superpower without restructuring our entitlements programs,” Romney says. Romney says leaders from both
political parties will have to come up with a solution in private. “Sitting down, quietly, behind closed doors and having a full and complete discussion of various ways to bring the costs down and to keep it from getting out of control,” Romney says.
Click for Mitt Romney on other issues.
Source: Radio Iowa, “Romney: reform”, by O.Kay Henderson
Page last updated: Apr 30, 2013