- Chris Wallace: You also say that the president missed an opportunity when he, along with Congress, created the Medicare prescription drug benefit. Explain.
- Governor Mitt Romney: Well, I think we have a great advance in our health care in the country by providing prescription drugs to seniors. But I think that we cannot afford a major new entitlement. In fact, we need to find a way to reduce our entitlement burden, particularly as the baby boomers get ready to retire.
The president has fought long and hard to see reform in Social Security. He's going to do the same thing in Medicare and Medicaid. And I didn't want to see a huge increase in entitlement cost without, at the same time, a reform in Medicare and Medicaid to help pay for that improved benefit.
- Chris Wallace: So you would have been willing to see the Medicare prescription drug benefit but you would like to have seen scale-backs in other parts of these entitlements?
- Governor Mitt Romney: I'd like to see a holistic program that says OK, what are we going to do for people who are retiring in Medicare and those that are poor on Medicaid, how do we make sure that this doesn't become an overwhelming burden, let's include prescription drugs but keep it from growing at such an outrageous rate.
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