Obama on McCain's Plans to Cut Medicare





The interactive transcript could not be loaded.



Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Oct 17, 2008

October 17, 2008, Roanoke, VA

Obama: Senator McCain's been eager to share some details of his health care plan -- but not all of them. It's like those ads for prescription drugs, you know they start off everybody's running in the field and everybody's happy, then there's the little fine print that says, you know, 'side effects may include...'

Now first of all, we found out that Senator McCain wants to pay for his plan by taxing your health care benefits for the first time in history, just like George Bush. That was bad enough. But the Wall Street Journal recently reported that it was actually worse than we thought. It turns out, Senator McCain would pay for part of his plan by making drastic cuts in Medicare -- $882 billion worth. $882 billion in Medicare cuts to pay for an ill-conceived, badly thought-through health care plan that won't provide more health care to people. Even though Medicare is already facing a looming shortfall.

Now, this should come as no surprise, it's entirely consistent with Senator McCain's record during his 26 years in Congress where, time and again, he's opposed Medicare. In fact, Senator McCain has voted against protecting Medicare 40 times. 40 times, he's failed to stand up for Medicare. So what would Senator McCain's cuts mean for Medicare at a time when more and more Americans are relying on it? It would mean a cut of more than 20 percent in Medicare benefits next year. If you count on Medicare, it would mean fewer places to get care, and less freedom to choose your own doctors. You'll pay more for your drugs, you'll receive fewer services, you'll get lower quality care. I dont think thats right. In fact, it ain't right.

When you've worked hard your whole life, and paid into the system, and done everything right, you shouldn't have the carpet pulled out from under you when you least expect it and can least afford it. It ain't right. Health care shouldn't be some kind of either-or tradeoff where our seniors get left out in the cold. It ain't right.

I think every single American has a right to affordable, accessible health care.


When autoplay is enabled, a suggested video will automatically play next.

Up next

to add this to Watch Later

Add to

Loading playlists...