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Medicare strengthened by health care law, Obama says

WASHINGTON — President Barack Obama says Medicare will exist for many more years, thanks to new legislation that helped put the health care program for America's seniors on stronger financial footing.

Obama said the law and efforts by his administration to eliminate waste, fraud and abuse both in Medicare and across government generally are making the program stronger and cutting health care costs for seniors.

"Medicare isn't just a program," Obama said Saturday in his weekly radio and Internet message. "It's a commitment to America's seniors — that after working your whole life, you've earned the security of quality health care you can afford."

In their weekly address, Republicans focused on the economy and taxes.

Illinois Rep. Peter Roskam criticized the government's spending and the prospect of higher taxes at a time of continued high unemployment. Obama wants to let a series of tax cuts for the wealthiest Americans that were enacted during the administration of President George W. Bush expire on schedule in January.

Medicare strengthened by health care law, Obama says 08/07/10 [Last modified: Saturday, August 7, 2010 11:11pm]
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