In five more budget years, Medicare spending will be 22% of all income tax, all corporate taxes. That's a remarkable movement. We had a data point a couple days ago saying Medicare spending is up 10% this year. But we're not allowed to talk about that. It's an earned benefit. You worked in America, it's just like Social Security. You worked your 40 quarters, you earned It. (12:34–12:40)
CLAIM
Asserts that Medicare spending has increased by 10% in the current year.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
