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Republican Plan to End Medicare: Boon for Billionaires, Misery for Middle-Class

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Uploaded on May 3, 2011

On May 3rd, 2011 Congressman John Garamendi defended Medicare from Republican attempts to end the program.
Transcript: Let's be very clear about this. The Republican proposal, the Republican budget proposal that is before this Congress, terminates Medicare as we have had it since 1965. For those young men and women who are not yet 55, they will never see Medicare. It's over.
And instead of having Medicare, which is a guaranteed health insurance program, when they retire at the age of 65, they will be given a voucher that will be worth a percentage of what the insurance will cost.
They will be thrown into the market at an age where they have preexisting conditions, and under the Republican proposal, there are no ways they are going to be protected from the insurance companies, who we know have one motive, and that's profits before people. (Will you yield?)
Profit before people [Will the gentlemen yield?] has been the way it has been for the insurance companies from the get go, and that's precisely what the Republicans want to give us. We will not have it. [Will the gentleman yield?]
And while they're at it, they want to take those reductions in your expenditures and continue giving money to the most wealthy people in America. [Will the gentleman yield?] I will not yield. So that the most wealthy people in America can continue to enjoy ever more wealth while the middle class enjoys ever more poverty. It is an abomination and there is no way this nation should abandon a proven program that for 42 years has provided quality medical care to the seniors.
Now if you want to go after the cost of medicine, then let's go after the overall cost of medicine -- not denying tomorrow's seniors the benefit of Medicare. It is time to understand precisely what the Republican budget does. It terminates Medicare while giving benefits to the most wealthy Americans. It should not happen. I yield back my time.

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112 Congress

  1. 1

    Moral Obligation to Seniors

  2. 2

    Supporting Doctor Training & Protecting Medicare

  3. 3

    Calling for End to Afghanistan War

  4. 4

    Bin Laden Death

  5. 5

    Market for Health Insurance

  6. â–¶

    Republican Plan to End Medicare: Boon for Billionaires, Misery for Middle-Class

  7. 7

    Health Care for All Americans

  8. 8

    Defending Medicare, Attacking Oil Subsidies -Rep. Garamendi on Fox Business

  9. 9

    Transportation Priorities

  10. 10

    Fox News: Repealing the Patient's Bill of Rights

  11. 11

    MSNBC Make It In America Leadership for 112th Congress

  12. 12

    Mr. Scrooge Goes to Washington & Blocks Unemployment Insurance

  13. 13

    Fox Business: Debating Jobs & Deficits for the 112th Congress

  14. 14

    Patient's Bill of Rights: Real Reform Saving Lives

  15. 15

    KTVU Pipeline Safety After San Bruno Tragedy - Congressman Garamendi

  16. 16

    Protecting Americans from Wall Street Greed - Rep. Speier & Rep. Garamendi

  17. 17

    Medicare Today: 'I Can't Wait for My 65th Birthday!'

  18. 18

    Recovery Act provides Americans with $288 billion in tax relief

  19. 19

    Recovery Act stabilized the economy, lowered the tax burden, and created jobs

  20. 20

    Garamendi Fights for Important Transportation Projects at Appropriations Subcommittee

  21. 21

    Republican plan to eliminate Medicare

  22. 22

    Whose side are you on? - Rep. Andrews & Rep. Garamendi

  23. 23

    Improving the Jobs Picture -Congressman Garamendi

  24. 24

    Congressman Garamendi Congratulates St. Mary's College Gaels on Sweet Sixteen Appearance

  25. 25

    John Garamendi Sworn into Congress

  26. 26

    Establishing a financial watchdog & fighting for the American people

  27. 27

    Profits Over People: Sky-High Wall St. Pay Instead of Small Business Loans

  28. 28

    Targeted tax cuts create new businesses & foster a 21st century green economy

  29. 29

    Insurance companies mislead seniors on health reform

  30. 30

    Garamendi on health reform: This is a very good deal

  31. 31

    Ending the practice of 'Canceling your health insurance when you get sick

  32. 32

    A Century of Effort: Health Care Reform from TR to Today

  33. 33

    Myth of Cramming the Unknown

  34. 34

    Profit Before People: Insurance Industry Discrimination

  35. 35

    Affordable Coverage is Possible

  36. 36

    Access for Patients & Holding Insurers Accountable

  37. 37

    Health Care Reform Will Make us More Competitive Globally

  38. 38

    Bill changes an unacceptable status quo

  39. 39

    Ending insurance discrimination & improving coverage quality

  40. 40

    Under Health Care Status Quo, US giving $800 billion to competitors

  41. 41

    Congressman Garamendi: A more perfect union

  42. 42

    Congressman Garamendi Invokes FDR in Opposition to Debt-Building Tax Cuts for Rich

  43. 43

    KGO-TV: Fighting Deforestation Near Levees

  44. 44

    Social Security one minute speech by Congressman John Garamendi

  45. 45

    Make it in America -Congressman John Garamendi

  46. 46

    Help for Homeowners in Contra Costa County- Congressman John Garamendi, KGO report

  47. 47

    Recovery Act Saves Jobs of 5 Police Officers in Fairfield, California, KTVU Reports.

  48. 48

    Support for a new direction in Afghanistan

  49. 49

    Will United Airlines move jobs out of America?

  50. 50

    Which energy industry is the most subsidized?

  51. 51

    Assuring airline safety

  52. 52

    Holding the oil industry accountable & protecting our coasts -Congressman John Garamendi

  53. 53

    Calling for End to Afghanistan War

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