Pelosi: ‘Medicare and Medicaid…Fundamentally Transformed Our Nation’

By CNSNews.com Staff | July 30, 2020 | 2:11pm EDT
(Photo by Drew Angerer/Getty Images)
(Photo by Drew Angerer/Getty Images)

(CNSNews.com) - House Speaker Nancy Pelosi (D.-Calif.) put out a statement today celebrating the 55th anniversary of Medicare and Medicaid, which were signed into law on July 30, 1965 by President Lyndon B. Johnson.

“For 55 years, Medicare and Medicaid have stood as pillars of health and economic security for millions of seniors and families,” Pelosi said.

“These landmark achievements fundamentally transformed our nation and have ensured that all Americans receive the support they need and the dignity they deserve,” she said.

In 2019, according to the Centers for Medicare and Medicaid Services (CMS), Medicare had an average monthly enrollment of 61.4 million people. Medicaid, according to CMS, had a monthly average enrollment of 75.8 million in 2019. (Some individuals are eligible for both Medicare and Medicaid.)

According to the Monthly Treasury Statement for September 2019, the federal government spent $650.9 billion on Medicare in fiscal 2019. At the same time, it spent $409.4 billion on grants to the states for Medicaid. Together, that equals $1.06 trillion.

“As we celebrate this important day, House Democrats remain firmly committed to Medicare and Medicaid’s bedrock promises,” Pelosi said. “We will continue strengthening Medicare and Medicaid’s vital lifeline for seniors and families as we work to build a healthier, more secure and equal future for generations to come.”

Here is the text of Speaker Pelosi’s statement on the 55thanniversary of Medicare and Medicaid:

"Pelosi’s Statement on 55th Anniversary of Medicare and Medicaid

"Washington, D.C. – Speaker Nancy Pelosi released this statement marking the 55th anniversary of Medicare and Medicaid being signed into law by President Lyndon Johnson, on July 30, 1965:

“For 55 years, Medicare and Medicaid have stood as pillars of health and economic security for millions of seniors and families.  These landmark achievements fundamentally transformed our nation and have ensured that all Americans receive the support they need and the dignity they deserve.

“Yet, for decades, Republicans have worked to make Medicare ‘wither on the vine’ and to cut and cap Medicaid into oblivion.  Now, as we confront the unprecedented coronavirus pandemic, Republicans are doubling down on their dangerous, anti-health care agenda, rolling back vital health care protections for seniors, families and all Americans, and arguing in court to dismantle the entirety of the Affordable Care Act.  House Democrats believe in honoring our responsibility to hard-working Americans.  That is why we are fighting these callous Republican attacks, and why we passed urgently-needed legislation to lower the cost of prescription drugs, help generics move more quickly to market and improve Medicare’s lifesaving benefits. 

“As we celebrate this important day, House Democrats remain firmly committed to Medicare and Medicaid’s bedrock promises.  We will continue strengthening Medicare and Medicaid’s vital lifeline for seniors and families as we work to build a healthier, more secure and equal future for generations to come.”

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