Obama Statement on Report of the Trustees of Social Security and Medicare

CHICAGO--(Business Wire)--
Senator Obama issued the following statement today in response to
the Report of the Trustees of Social Security and Medicare.

"Today's report should give Americans confidence that we can keep
Social Security strong for future generations if we come together and
address its real but manageable long-term cash flow issue. But the
report also shows the cost of Washington's failure to overcome the
special interests and pass health care reform that expands coverage
and lower costs, which would keep Medicare strong and affordable for
America's seniors. As president, I will reduce costs in the Medicare
program by enacting reforms to lower the price of prescription drugs,
ending the subsidies for private insurers in the Medicare Advantage
program and focusing resources on prevention and effective chronic
disease management. I'll also bring Democrats and Republicans together
to provide every single American with affordable, available health
care that reduces health care costs by $2,500 per family. By investing
in proven measures to improve the health of all Americans and reduce
health care cost across the economy, we can ensure that the Medicare
program remains strong for future generations."

Obama Press Office
312-819-2423

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