From the White House blog.
Today, the Medicare Trustees reported some good news for seniors and taxpayers: The Medicare program will be solvent through 2026, nearly a decade longer than projected at the time of passage of the Affordable Care Act. This is 2 years longer than projected last year. Their annual report also shows that the long run actuarial deficit in the Hospital Insurance Trust Fund – a measure of its long-term fiscal health – has been cut by more than 70 percent since enactment of the health care law. The long-run Medicare deficit has fallen from 3.88 percent of taxable payroll in the 2009 Trustees Report to 1.11 percent in this report.
The trustees also reported that 32 million senior citizens have accessed free preventive care under the Affordable Care Act, while 6 million seniors have saved at least $700 on prescription drug costs by closing the infamous Donut Hole. A Donut Hole, I hasten to remind you, Paul Ryan proposed reopening in his latest budget proposal.
While Obamacare is reducing the cost of healthcare and greatly extending the solvency of Medicare, Senator Macro Rubio, the Republican party’s “savior,” pledged to “really focus” on repealing Obamacare just two days ago.