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Ford / Medicare / Social Security #244730

CBS Evening News for Monday, Feb 09, 1976
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(Studio) President Ford asks Congress to increase Social Security tax and individual contribution to Medicare. Wants added protection against catastrophic health costs.
REPORTER: Walter Cronkite

(DC) Social Security taxes to go up .3%. Doctors could raise Medicare Prices 4% over 2 years and hospital could only raise Medicare prices 7% annually. Medicare patients would not have to pay over $250 year to doctor and no more than $500 per year hospital. Florida with large number elderly, holds pres. primary in month; Ford opens Florida campaign this wkend.
REPORTER: Bob Schieffer

(DC) [President National Council Senior Citizens Nelson CRUIKSHANK - says plan would help those with long hospital stays, or 1 out of 300. Rest would get higher bills.] [Chairperson Ways and Means subcommittee Representative Dan. ROSTENKOWSKI - says proposals generally doomed.] House Republicans silent on matter until Wednesday when Department of Health, Education and Welfare Secretary David Mathews will explain details. Speaker House Carl Albert doubts major changes will be passe
REPORTER: George Herman.

Reporter(s):
Cronkite, Walter;
Herman., George;
Schieffer, Bob
Duration:
00:02:40

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