Today, I'm thrilled to make an announcement
benefiting millions of America's incredible seniors.
For years, Washington's
politicians
have funneled money to a little known government program called the Medicare Improvement Fund.
It has billions of dollars,
but for its entire existence,
past presidents and congress never spent
the money to actually improve Medicare.
Premiums rose and Americans on Medicare
suffered greatly.
But under our leadership, we're finally going to use the Medicare Improvement Fund
to do what it was designed
and intended to do, help America's
seniors.
I'm pleased to announce that over
20,000,000 seniors on Medicare will soon be receiving a deposit of nearly $100
directly into their bank accounts.
Through our war on fraud, we have already reduced your Medicare premiums by
$132
per year, which is a record.
Now, October premiums will be offset
with these additional funds and seniors will be able to use that money
for their healthcare needs.
The payments will be going out within days.
You'll get your money almost immediately.
In everything we do, we're looking out for
America's people and America's seniors
and putting more money in your pockets. Thank you very much.
