Medicare was signed into law July 30, 1965, by President Lyndon B. Johnson.
"Fifty-seven years ago, President Johnson signed Medicare into law," Biden announced in a video provided to Fox News exclusively by the White House.
"Since then, Republicans in Congress have been fighting it," Biden announced. "Today, it is Sen. Rick Scott from Florida who is leading the fight.
"He has a plan that will put Medicare on the chopping block every five years. Think about that."
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Biden was referring to a plan Scott suggested earlier this year that would sunset Social Security and Medicare within five years.
"Do you want to give Republicans in Congress who are pushing and pursuing the MAGA policies the power to eliminate Medicare every five years?" Biden questioned. "That’s never going to happen while I’m president."
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Biden announced he is going to "protect Medicare."
"In fact, we’re making Medicare stronger," Biden stated, pointing to the new Inflation Reduction bill pending in Congress. The bill would "give Medicare the power to negotiate lower prescription drug prices."
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"And it puts a cap on the total out-of-pocket expenses for prescription drugs for seniors at $2,000 a year, whether it is for cancer or any other disease," Biden clarified.
Biden announced Medicare "has been a godsend for seniors and their families since it was first signed into law on this day by President Johnson.
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"On this anniversary, we’re reminded we have to protect it, strengthen it — for not only today’s seniors, but for generations to come," Biden stated.
The Biden administration and Democrats in Congress had been attempting to give Medicare the power to negotiate a better deal on some of the most expensive drugs. Medicare is banned from negotiating drug prices.
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The measure is included in the reconciliation bill, which had been referred to as the "Build Back Better" bill. After over a year of negotiations, Sen. Joe Manchin, D-W.Va., arrived to an agreement with the White House and Senate Majority Leader Chuck Schumer, D-N.Y., on a vastly pared-down version of the original bill, yet one that includes tax, climate and prescription drug provisions.
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The reconciliation bill is now referred to as the Inflation Reduction Act of 2022.
The president is pressing Congress to "put politics aside" and pass the package, stating it will "lower health care costs for millions of Americans."
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