--- title: "Meaning & Key Takeaway of: Let's talk about Medicare. What we did…" description: "\"Let's talk about Medicare. What we did is, we saved $716 billion and put it back, applied it to Medicare. We cut the cost of Medicare. We stopped overp..." image: "https://sms4smile.com/quotes/i/70f/joe-biden-454_health_let-s-talk-about-medicare-what-we-did-is_3021192.jpg" --- # Let's talk about Medicare. What we did is, we saved $716… ![“Let's talk about Medicare. What we did is, we saved $716 billion and put it back, applied it to Medicare. We cut the cost of Medicare. We stopped overpaying insurance companies, doctors and hospitals. The AMA supported what we did. AARP endorsed what we did. And it extends the life of Medicare to…” quote by Joe Biden](https://sms4smile.com/quotes/i/70f/joe-biden-454_health_let-s-talk-about-medicare-what-we-did-is_3021192.jpg) [Download](https://sms4smile.com/quotes/i/70f/joe-biden-454_health_let-s-talk-about-medicare-what-we-did-is_3021192.jpg) [Open image](https://sms4smile.com/quotes/i/70f/joe-biden-454_health_let-s-talk-about-medicare-what-we-did-is_3021192.jpg) > “Let's talk about Medicare. What we did is, we saved $716 billion and put it back, applied it to Medicare. We cut the cost of Medicare. We stopped overpaying insurance companies, doctors and hospitals. The AMA supported what we did. AARP endorsed what we did. And it extends the life of Medicare to 2024. They want to wipe this all out.” [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Biden claims his administration saved $716 billion by reducing Medicare overpayments, extending its solvency to 2024, despite opposition seeking to reverse the cuts. **In simple terms:** He says Medicare was saved by cutting waste and extending its life. Key Takeaway Support cost‑reduction policies for sustainable Medicare. Themes healthcare policy budget politics senior care Mood concerned optimistic Type policy political When to use this quote - government budgeting - senior advocacy - policy reform - insurance negotiations - hospital billing Key Concepts fiscal responsibility public finance health economics Questions to Reflect On - What are the long‑term effects of reduced Medicare payments on care? - How can savings be balanced with quality? A Different Perspective Critics argue cuts may affect provider payments and patient care quality. ★ ★ ★ ★ ★ No ratings yet [Did Aarp](https://sms4smile.com/quotes/about/did-aarp-4891556/) [Health](https://sms4smile.com/quotes/about/health/) [Medicare Cut](https://sms4smile.com/quotes/about/medicare-cut-4891557/) [Medicare Did](https://sms4smile.com/quotes/about/medicare-did-4338709/) [Medicare Stopped](https://sms4smile.com/quotes/about/medicare-stopped-1275676/) [Talk Medicare](https://sms4smile.com/quotes/about/talk-medicare-4891558/) ## Related quotes > [We can talk about Medicare and Medicaid and Social Security. We can talk about school, we can talk about everything. Defense is number one…](https://sms4smile.com/quotes/donald-trump/we-can-talk-about-medicare-and-medicaid-and-social-security-we-can/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Being in the hospice didn't work out exactly the way I had expected. By all rights, I should have finished my time here in…](https://sms4smile.com/quotes/art-buchwald/being-in-the-hospice-didn-t-work-out-exactly-the-way-i-had-expected/) [Art Buchwald](https://sms4smile.com/quotes/author/art-buchwald/) > [President Obama, through health care reform, strengthened Medicare. How did he do that? Well, he found savings by cutting subsidies to insurance companies, ensuring…](https://sms4smile.com/quotes/stephanie-cutter/president-obama-through-health-care-reform-strengthened-medicare-how/) [Stephanie Cutter](https://sms4smile.com/quotes/author/stephanie-cutter/) > [If you’re going to die on screen, you’ve got to be strong and in good health.](https://sms4smile.com/quotes/greta-garbo/if-you-re-going-to-die-on-screen-you-ve-got-to-be-strong-and-in-good/) [Greta Garbo](https://sms4smile.com/quotes/author/greta-garbo/) > [Mental health is an issue close to my heart - an issue, indeed, I've covered repeatedly for Channel 4 News.](https://sms4smile.com/quotes/cathy-newman/mental-health-is-an-issue-close-to-my-heart-an-issue-indeed-i-ve/) [Cathy Newman](https://sms4smile.com/quotes/author/cathy-newman/) > [As an adventurer...I try to protect against the downside. I make sure I have covered as many eventualities as I can. In the end,…](https://sms4smile.com/quotes/richard-branson/as-an-adventurer-i-try-to-protect-against-the-downside-i-make-sure-i/) [Richard Branson](https://sms4smile.com/quotes/author/richard-branson/) > [I listen to my body, I give it things it wants and I eliminate things it doesn't want.](https://sms4smile.com/quotes/britt-ekland/i-listen-to-my-body-i-give-it-things-it-wants-and-i-eliminate-things/) [Britt Ekland](https://sms4smile.com/quotes/author/britt-ekland/) > [Leaders need to compromise, negotiate with members of both parties and ideologies, and reform health care the right way - by developing a strong…](https://sms4smile.com/quotes/charles-boustany/leaders-need-to-compromise-negotiate-with-members-of-both-parties-and/) [Charles Boustany](https://sms4smile.com/quotes/author/charles-boustany/) > [The vast majority of organizations today have more than enough intelligence, experience and knowledge to be successful. What they lack is organizational health.](https://sms4smile.com/quotes/patrick-lencioni/the-vast-majority-of-organizations-today-have-more-than-enough/) [Patrick Lencioni](https://sms4smile.com/quotes/author/patrick-lencioni/) > [It is irresponsible to set an arbitrary cap on how much therapy a Medicare beneficiary can receive. It ignores the health needs of our…](https://sms4smile.com/quotes/john-ensign/it-is-irresponsible-to-set-an-arbitrary-cap-on-how-much-therapy-a/) [John Ensign](https://sms4smile.com/quotes/author/john-ensign/) > [I believe in taxation and health care that is outside the usual libertarian mandate, because I don't want people to have to suffer. It's…](https://sms4smile.com/quotes/neil-peart/i-believe-in-taxation-and-health-care-that-is-outside-the-usual/) [Neil Peart](https://sms4smile.com/quotes/author/neil-peart/) > [“Be careful about reading health books. Some fine day you'll die of a misprint.”](https://sms4smile.com/quotes/markus-herz/be-careful-about-reading-health-books-some-fine-day-you-ll-die-of-a/) [Markus Herz](https://sms4smile.com/quotes/author/markus-herz/) > [Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,…](https://sms4smile.com/quotes/christopher-bond/advances-in-technology-will-continue-to-reach-far-into-every-sector/) [Christopher Bond](https://sms4smile.com/quotes/author/christopher-bond/) > [Water is life, and clean water means health.](https://sms4smile.com/quotes/audrey-hepburn/water-is-life-and-clean-water-means-health/) [Audrey Hepburn](https://sms4smile.com/quotes/author/audrey-hepburn/) > [A thing of beauty is a joy for ever;It's loveliness increase;it will never pass into nothingness;but still will keep a bower quiet for us,and…](https://sms4smile.com/quotes/john-keats/a-thing-of-beauty-is-a-joy-for-ever-it-s-loveliness-increase-it-will/) [John Keats](https://sms4smile.com/quotes/author/john-keats/) ## More by Joe Biden > [Success will come when the societal attitude changes and not a single woman in America asks herself the question 'What did I do?'.](https://sms4smile.com/quotes/joe-biden/success-will-come-when-the-societal-attitude-changes-and-not-a-single/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [I always kid the president in different circumstances. Mr. President, a country's never going to be more optimistic than the president.](https://sms4smile.com/quotes/joe-biden/i-always-kid-the-president-in-different-circumstances-mr-president-a/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [Anybody who pretends that how you read the 10th and 11th Amendment doesn't have a fundamental impact on the things we care about is…](https://sms4smile.com/quotes/joe-biden/anybody-who-pretends-that-how-you-read-the-10th-and-11th-amendment/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [“He wanted me to understand two big things: First, that nobody, no group, is above others. Public servants are obliged to level with everybody,…](https://sms4smile.com/quotes/joe-biden/he-wanted-me-to-understand-two-big-things-first-that-nobody-no-group/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [Don't hold against me that I don't own - that I don't own a single stock or bond. Don't hold it - I have…](https://sms4smile.com/quotes/joe-biden/don-t-hold-against-me-that-i-don-t-own-that-i-don-t-own-a-single/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [“True bravery is when there is very little chance of winning, but you keep fighting.”](https://sms4smile.com/quotes/joe-biden/true-bravery-is-when-there-is-very-little-chance-of-winning-but-you/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [No public funding for abortion; it imposes a view.](https://sms4smile.com/quotes/joe-biden/no-public-funding-for-abortion-it-imposes-a-view/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [I've known and continue to know every one of these major world leaders by their first names, and I have access to them.](https://sms4smile.com/quotes/joe-biden/i-ve-known-and-continue-to-know-every-one-of-these-major-world/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [We are working to deploy a powerful new radar network with American early warning systems,](https://sms4smile.com/quotes/joe-biden/we-are-working-to-deploy-a-powerful-new-radar-network-with-american/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [I'm joking, I'm joking. Best decision I ever made.](https://sms4smile.com/quotes/joe-biden/i-m-joking-i-m-joking-best-decision-i-ever-made/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [ Somalis have made my city of Wilmington, Delaware, \[their home\] on a smaller scale. There is a large, very identifiable Somali community, i might… ](https://sms4smile.com/quotes/joe-biden/somalis-have-made-my-city-of-wilmington-delaware-their-home-on-a/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [“And don’t any of you, by the way, any of you guys vote Republican. I’m not supposed to say, this isn’t political. …don’t come…](https://sms4smile.com/quotes/joe-biden/and-don-t-any-of-you-by-the-way-any-of-you-guys-vote-republican-i-m/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [We also wanted to change the story - change the approach to the 21st century on energy, on education, on transportation, on infrastructure, generally,…](https://sms4smile.com/quotes/joe-biden/we-also-wanted-to-change-the-story-change-the-approach-to-the-21st/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [The spirit of Thanksgiving rests in our recognizing the blessings in our lives, and as we all take stock, I hope you will join…](https://sms4smile.com/quotes/joe-biden/the-spirit-of-thanksgiving-rests-in-our-recognizing-the-blessings-in/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [The president has a big stick.](https://sms4smile.com/quotes/joe-biden/the-president-has-a-big-stick/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) [Explore all 546 Joe Biden quotes ](https://sms4smile.com/quotes/author/joe-biden/) ## More Health quotes > [A thing of beauty is a joy for ever;It's loveliness increase;it will never pass into nothingness;but still will keep a bower quiet for us,and…](https://sms4smile.com/quotes/john-keats/a-thing-of-beauty-is-a-joy-for-ever-it-s-loveliness-increase-it-will/) [John Keats](https://sms4smile.com/quotes/author/john-keats/) > [Water is life, and clean water means health.](https://sms4smile.com/quotes/audrey-hepburn/water-is-life-and-clean-water-means-health/) [Audrey Hepburn](https://sms4smile.com/quotes/author/audrey-hepburn/) > [Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,…](https://sms4smile.com/quotes/christopher-bond/advances-in-technology-will-continue-to-reach-far-into-every-sector/) [Christopher Bond](https://sms4smile.com/quotes/author/christopher-bond/) > [“Be careful about reading health books. Some fine day you'll die of a misprint.”](https://sms4smile.com/quotes/markus-herz/be-careful-about-reading-health-books-some-fine-day-you-ll-die-of-a/) [Markus Herz](https://sms4smile.com/quotes/author/markus-herz/) > [I believe in taxation and health care that is outside the usual libertarian mandate, because I don't want people to have to suffer. It's…](https://sms4smile.com/quotes/neil-peart/i-believe-in-taxation-and-health-care-that-is-outside-the-usual/) [Neil Peart](https://sms4smile.com/quotes/author/neil-peart/) > [It is irresponsible to set an arbitrary cap on how much therapy a Medicare beneficiary can receive. It ignores the health needs of our…](https://sms4smile.com/quotes/john-ensign/it-is-irresponsible-to-set-an-arbitrary-cap-on-how-much-therapy-a/) [John Ensign](https://sms4smile.com/quotes/author/john-ensign/) > [The vast majority of organizations today have more than enough intelligence, experience and knowledge to be successful. What they lack is organizational health.](https://sms4smile.com/quotes/patrick-lencioni/the-vast-majority-of-organizations-today-have-more-than-enough/) [Patrick Lencioni](https://sms4smile.com/quotes/author/patrick-lencioni/) > [Leaders need to compromise, negotiate with members of both parties and ideologies, and reform health care the right way - by developing a strong…](https://sms4smile.com/quotes/charles-boustany/leaders-need-to-compromise-negotiate-with-members-of-both-parties-and/) [Charles Boustany](https://sms4smile.com/quotes/author/charles-boustany/) > [I listen to my body, I give it things it wants and I eliminate things it doesn't want.](https://sms4smile.com/quotes/britt-ekland/i-listen-to-my-body-i-give-it-things-it-wants-and-i-eliminate-things/) [Britt Ekland](https://sms4smile.com/quotes/author/britt-ekland/) > [As an adventurer...I try to protect against the downside. I make sure I have covered as many eventualities as I can. In the end,…](https://sms4smile.com/quotes/richard-branson/as-an-adventurer-i-try-to-protect-against-the-downside-i-make-sure-i/) [Richard Branson](https://sms4smile.com/quotes/author/richard-branson/) > [Mental health is an issue close to my heart - an issue, indeed, I've covered repeatedly for Channel 4 News.](https://sms4smile.com/quotes/cathy-newman/mental-health-is-an-issue-close-to-my-heart-an-issue-indeed-i-ve/) [Cathy Newman](https://sms4smile.com/quotes/author/cathy-newman/) > [If you’re going to die on screen, you’ve got to be strong and in good health.](https://sms4smile.com/quotes/greta-garbo/if-you-re-going-to-die-on-screen-you-ve-got-to-be-strong-and-in-good/) [Greta Garbo](https://sms4smile.com/quotes/author/greta-garbo/) > [Every patient carries her or his own doctor inside.](https://sms4smile.com/quotes/albert-schweitzer/every-patient-carries-her-or-his-own-doctor-inside/) [Albert Schweitzer](https://sms4smile.com/quotes/author/albert-schweitzer/) > [Making sure that people have access to preventive medicine for the first time ever as a nation? That's a big deal.](https://sms4smile.com/quotes/brad-schneider/making-sure-that-people-have-access-to-preventive-medicine-for-the/) [Brad Schneider](https://sms4smile.com/quotes/author/brad-schneider/) > [Not only is a healthy America a strong America - it's vital to our national defense.](https://sms4smile.com/quotes/john-e-james/not-only-is-a-healthy-america-a-strong-america-it-s-vital-to-our/) [John E. James](https://sms4smile.com/quotes/author/john-e-james/) [Browse all 17,127 Health quotes ](https://sms4smile.com/quotes/about/health/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Let's talk about Medicare. What we did is, we saved $716 billion and put it back, applied it to Medicare. We cut the cost of Medicare. We stopped overpaying insurance companies, doctors and hospitals. The AMA supported what we did. AARP endorsed what we did. And it extends the life of Medicare to 2024. They want to wipe this all out.", "creator": { "@type": "Person", "name": "Joe Biden" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/joe-biden/let-s-talk-about-medicare-what-we-did-is-we-saved-716-billion-and-put/", "about": { "@type": "Thing", "name": "Health" }, "@id": "https://sms4smile.com/quotes/joe-biden/let-s-talk-about-medicare-what-we-did-is-we-saved-716-billion-and-put/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/70f/joe-biden-454_health_let-s-talk-about-medicare-what-we-did-is_3021192.jpg", "contentUrl": "https://sms4smile.com/quotes/i/70f/joe-biden-454_health_let-s-talk-about-medicare-what-we-did-is_3021192.jpg", "url": "https://sms4smile.com/quotes/i/70f/joe-biden-454_health_let-s-talk-about-medicare-what-we-did-is_3021192.jpg", "width": 1080, "height": 1080, "caption": "“Let's talk about Medicare. What we did is, we saved $716 billion and put it back, applied it to Medicare. We…” — Joe Biden", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Joe Biden", "item": "https://sms4smile.com/quotes/author/joe-biden/" }, { "@type": "ListItem", "position": 4, "name": "Let's talk about Medicare. What we...", "item": "https://sms4smile.com/quotes/joe-biden/let-s-talk-about-medicare-what-we-did-is-we-saved-716-billion-and-put/" } ], "@id": "https://sms4smile.com/quotes/joe-biden/let-s-talk-about-medicare-what-we-did-is-we-saved-716-billion-and-put/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```