Watching the President tonight, I couldn’t help but think about the millions of Americans who were also watching and hoping to hear something, anything which will calm their fears about the economic crisis they are living each day.  This is especially true for America’s seniors living on fixed incomes, who’ve seen their retirement savings evaporate, home equity plummet and medical costs skyrocket. For many, Social Security and Medicare have been their only safeguard against financial hardship. 

America’s seniors are looking to the Obama administration and Congress to develop an economic strategy that protects our assets and confronts our true liabilities. I’m glad President Obama kept the fiscal focus tonight where it belongs, building a foundation for a lasting prosperity. Social Security and Medicare are a part of that foundation today and will continue to play a vital role during this economic crisis and well into our future.  The President is right, comprehensive healthcare reform is the best way to strengthen Medicare for the future and that healthcare reform should come sooner rather than later.

The President tonight also called for a conversation about the future of Social Security. The National Committee to Preserve Social Security and Medicare, on behalf of our millions of members and supporters, looks forward to being a clear voice in that conversation.


For more details on the National Committee’s view of this fiscal crisis, Social Security, Medicare and healthcare reform, Commissions, Cuts and Crisis Calls, can be found here