Presidential candidate Sen. Barack Obama sat down with AARP’s Prime Time Radio yesterday to discuss those issues facing boomers.
On health care:
“It’s very important that we go after the rising costs of health care and prescription drugs. It’s a huge outlay for [older Americans].
“Health care is the biggest drag on our economy. We’re consistently seeing increases of six, eight, ten percent in health care inflation. No one’s income and wages go up that fast. The fact is that unless we get a handle on health care inflation then there’s no way we’re going to be able to handle the increase burden of Medicare especially as the baby boomers begin to retire.”
On Social Security: