Skip to main content
Part of complete coverage on
 

Pelosi: The truth about Medicare

By Nancy Pelosi, Special to CNN
updated 1:23 PM EDT, Tue October 16, 2012
Republican presidential candidate Mitt Romney and his running mate, Rep. Paul Ryan, order food at a Wendy's restuarant in Richmond Heights, Ohio, on Tuesday. Republican presidential candidate Mitt Romney and his running mate, Rep. Paul Ryan, order food at a Wendy's restuarant in Richmond Heights, Ohio, on Tuesday.
HIDE CAPTION
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
From the campaign trail
<<
<
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
>
>>
STORY HIGHLIGHTS
  • Nancy Pelosi: Debate showed Obama would save Medicare, Romney would not
  • She says Affordable Care Act extend Medicare's life, without cutting benefits, raising cost
  • She says Romney voucher plan would remove guarantee of Medicare benefits
  • Pelosi: Medicare created under Democrat LBJ; Obama would preserve it for future

Editor's note: Nancy Pelosi, the first woman Speaker of the House, is the House Democratic Leader.

(CNN) -- The first presidential debate highlighted a clear choice on Medicare: President Obama's vision, guaranteeing the fundamental promise of Medicare for seniors today and into the future, versus Mitt Romney's blueprint for the eventual destruction of Medicare as we know it.

Ahead of the next presidential debate tomorrow in New York, it is important to make clear that either the Republican nominee does not know the facts or was willing to deceive the American people with false claims. Romney repeated the standard Republican falsehood that the Affordable Care Act cut $716 billion for Medicare beneficiaries. That is not true, and they know it.

Nancy Pelosi
Nancy Pelosi

Here are the facts, supported by independent critics, and they are indisputable:

The Affordable Care Act extends the life of Medicare by nearly a decade by reducing the rate of increase in payments to health care providers, by reducing costly taxpayer subsidies to insurance companies, and by reducing waste, fraud and abuse. The law requires hospitals to improve their quality of care, reduce infections and re-admissions, and increase efficiency. It places a premium on value, not volume, in medical procedures.

Opinion: Do people listen to fact checks?

The Affordable Care Act does not cut a single benefit or add a single penny to the cost of insurance for any Medicare beneficiary. Even before the law fully takes effect, seniors are experiencing the benefits. The gap in prescription drug coverage -- the so-called "doughnut hole"-- is starting to close, and more than 5.5 million seniors have saved an average of more than $600 each year on prescription drugs. All 49 million Medicare enrollees now have access to free wellness visits, checkups without a co-pay, and free preventive care services like mammograms and other cancer screenings.

Romney claims that if you're 60 or older, "you don't need to listen any further." Actually, seniors need to listen carefully -- very carefully -- because Medicare will be bankrupt by 2016 under the Romney-Ryan plan.

Join CNN for the presidential debates
Watch Tuesday's presidential debate and CNN's exclusive expert analysis starting at 7 p.m. ET on CNN TV, CNN.com and CNN's mobile apps. Become an analyst for your friends with our new online clip-and-share feature that lets you share your favorite debate moments on Facebook and Twitter.

According to a report last month from the Center for American Progress Action Fund and co-authored by Harvard economist David Cutler, the Romney blueprint would cost today's senior more than $11,000 during retirement and force them to pay more for prescriptions and premiums, while cutting off access to critical services and benefits.

Opinion: Romney is not a liar

Republican Newt Gingrich has said that Medicare will "wither on the vine." Republicans have been developing and pursuing this agenda for two decades -- an effort to take our country back to the era before Medicare, when tens of millions of seniors were impoverished by health costs.

3 questions on Romney's Medicare plan
Reality Check: Medicare
No Medicare voucher program, Biden vows
Ryan gets mixed reviews at AARP meeting

It's not just today's seniors who should listen carefully to Romney's plan. For those under age 55, the Republican proposal is a voucher plan that ends the Medicare guarantee.

As the AARP made clear, the Republican proposal risks "simply increasing costs for beneficiaries while removing Medicare's promise of secure health coverage -- a guarantee that future seniors have contributed to through a lifetime of hard work."

AARP's words echo those of President Lyndon Johnson's on the day he signed the Medicare bill: "No longer will older Americans be denied the healing miracle of modern medicine. No longer will illness crush and destroy the savings that they have so carefully put away over a lifetime so that they might enjoy dignity in their later years. No longer will young families see their own incomes, and their own hopes, eaten away simply because they are carrying out their deep moral obligations to their parents, and to their uncles, and their aunts. And no longer will this nation refuse the hand of justice to those who have given a lifetime of service and wisdom and labor to the progress of this progressive country."

That's what President Obama and Democrats are fighting to preserve: the American Dream that says, if you work hard, play by the rules, and take responsibility, anyone can succeed, support his or her family, and look forward to a secure retirement. Voters, be aware this year: Medicare is on the ballot, and its future is in jeopardy. Democrats created Medicare and will always fight to strengthen it for our seniors and for their families. And under President Obama's leadership we are moving forward.

Follow @CNNOpinion on Twitter

Join us at Facebook/CNNOpinion

The opinions expressed in this commentary are solely those of Nancy Pelosi.

ADVERTISEMENT
Part of complete coverage on
updated 8:27 PM EST, Fri December 26, 2014
The ability to manipulate media and technology has increasingly become a critical strategic resource, says Jeff Yang.
updated 11:17 AM EST, Fri December 26, 2014
Today's politicians should follow Ronald Reagan's advice and invest in science, research and development, Fareed Zakaria says.
updated 8:19 AM EST, Fri December 26, 2014
Artificial intelligence does not need to be malevolent to be catastrophically dangerous to humanity, writes Greg Scoblete.
updated 10:05 AM EST, Fri December 26, 2014
Historian Douglas Brinkley says a showing of Sony's film in Austin helped keep the city weird -- and spotlighted the heroes who stood up for free expression
updated 8:03 AM EST, Fri December 26, 2014
Tanya Odom that by calling only on women at his press conference, the President made clear why women and people of color should be more visible in boardrooms and conferences
updated 8:12 AM EST, Fri December 26, 2014
When oil spills happen, researchers are faced with the difficult choice of whether to use chemical dispersants, authors say
updated 1:33 AM EST, Thu December 25, 2014
Danny Cevallos says the legislature didn't have to get involved in regulating how people greet each other
updated 6:12 PM EST, Tue December 23, 2014
Marc Harrold suggests a way to move forward after the deaths of NYPD officers Wenjian Liu and Rafael Ramos.
updated 8:36 AM EST, Wed December 24, 2014
Simon Moya-Smith says Mah-hi-vist Goodblanket, who was killed by law enforcement officers, deserves justice.
updated 2:14 PM EST, Wed December 24, 2014
Val Lauder says that for 1,700 years, people have been debating when, and how, to celebrate Christmas
updated 3:27 PM EST, Tue December 23, 2014
Raphael Sperry says architects should change their ethics code to ban involvement in designing torture chambers
updated 10:35 PM EST, Tue December 23, 2014
Paul Callan says Sony is right to call for blocking the tweeting of private emails stolen by hackers
updated 7:57 AM EST, Tue December 23, 2014
As Christmas arrives, eyes turn naturally toward Bethlehem. But have we got our history of Christmas right? Jay Parini explores.
updated 11:29 PM EST, Mon December 22, 2014
The late Joe Cocker somehow found himself among the rock 'n' roll aristocracy who showed up in Woodstock to help administer a collective blessing upon a generation.
updated 4:15 PM EST, Tue December 23, 2014
History may not judge Obama kindly on Syria or even Iraq. But for a lame duck president, he seems to have quacking left to do, says Aaron Miller.
updated 1:11 PM EST, Tue December 23, 2014
Terrorism and WMD -- it's easy to understand why these consistently make the headlines. But small arms can be devastating too, says Rachel Stohl.
updated 1:08 PM EST, Mon December 22, 2014
Ever since "Bridge-gate" threatened to derail Chris Christie's chances for 2016, Jeb Bush has been hinting he might run. Julian Zelizer looks at why he could win.
updated 1:53 PM EST, Sat December 20, 2014
New York's decision to ban hydraulic fracturing was more about politics than good environmental policy, argues Jeremy Carl.
updated 3:19 PM EST, Sat December 20, 2014
On perhaps this year's most compelling drama, the credits have yet to roll. But we still need to learn some cyber lessons to protect America, suggest John McCain.
updated 5:39 PM EST, Mon December 22, 2014
Conservatives know easing the trade embargo with Cuba is good for America. They should just admit it, says Fareed Zakaria.
updated 8:12 PM EST, Fri December 19, 2014
We're a world away from Pakistan in geography, but not in sentiment, writes Donna Brazile.
updated 12:09 PM EST, Fri December 19, 2014
How about a world where we have murderers but no murders? The police still chase down criminals who commit murder, we have trials and justice is handed out...but no one dies.
updated 6:45 PM EST, Thu December 18, 2014
The U.S. must respond to North Korea's alleged hacking of Sony, says Christian Whiton. Failing to do so will only embolden it.
updated 4:34 PM EST, Fri December 19, 2014
President Obama has been flexing his executive muscles lately despite Democrat's losses, writes Gloria Borger
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT