US Presidency
1976

To help states and local governments give better health care to the poor, I propose that we combine 16 existing federal programs, including Medicaid, into a single $ 10 billion federal grant. Funds would be divided among states under a new formula which provides a larger share of federal money to those states that have a larger share of low income families. I will take further steps to improve the quality of medical and hospital care for those who have served in our armed forces. Now let me speak about social security. Our federal social security system for people who have worked and contributed to it for all their lives is a vital part of our economic system. Its value is no longer debatable. In my budget for fiscal year 1977, I am recommending that the full cost-of-living increases in the social security benefits be paid during the coming year.