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Hoyer Statement on Social Security and Medicare Trustees Reports

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House Democratic Whip Steny H. Hoyer (MD) released the following statement today after the release of the Social Security and Medicare Boards of Trustees reports: “Today’s Social Security and Medicare Trustees reports offer mixed news.  On the one hand, Medicare’s Trustees reaffirm that the Affordable Care Act is improving the program’s long-term sustainability.  Their report shows that the Medicare trust fund will remain solvent until 2030, thirteen years longer than had been projected in 2009 before health care reform was enacted.  Historically low rates of growth in cost per-beneficiary in recent years reflect the success of delivery and payment system reforms in the law that are containing costs while improving health care quality.  Next year, it is expected that seven out of ten beneficiaries will see no increase in their premiums. Instead of trying relentlessly and irresponsibly to repeal the Affordable Care Act, Republicans should work with Democrats to make sure that Medicare is protected for the next generation. Read more…


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