Congressional Black Caucus Marks 50th Anniversary of Medicare and Medicaid

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WASHINGTON, D.C. – Congressional Black Caucus Chairman G. K. Butterfield (NC-01) released the following statement recognizing the 50th anniversary of Medicare and Medicaid, signed into law by President Lyndon Johnson on July 30, 1965:

“Access to affordable, quality health care is a fundamental American value, and no two programs have changed more lives in the area of health care than Medicare and Medicaid.

“Medicare and Medicaid have helped to successfully reduce the poverty rate among older Americans from 28.5% in 1966 to 9% today and relieve the economic burdens of millions of low-income families.  Over the last 50 years, Medicare has helped countless Americans and their families become independent and financially secure, including an estimated 55 million Americans who are receiving benefits today.  Additionally, more than 60 million Americans rely on the health care safety net that Medicaid provides, including senior citizens, persons with disabilities, and children and young adults from working families.

“As we celebrate the 50th anniversary of this historic legislation, the Congressional Black Caucus (CBC) is committed to defending and protecting successful programs like Medicare and Medicaid that make America strong.”

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