On the recordMay 10, 1994
today I am introducing what I choose to call the Health Care Reform Act of 1994. This bill is my effort to provide some concrete legislative proposals in health care. After watching and observing for weeks and months on end, I have put this bill into a form so that I can advocate some of the principles in it which I think many Senators are going to find rather desirable. If enacted, this bill will go a long way toward ensuring affordable, quality health care for all Americans, and it would reduce the Federal budget--that is the deficit--by $95 billion to the year 2000. I think that one statement is unique to any of the bills. It seems to this Senator that we all anxiously awaited health care reform so we could begin to attack the deficit in a permanent way and a way to get us to zero. Perhaps that has been left aside by others. Nobody is worried about it. But I choose to take some of the resources that we account for and say that $95 billion of it over the next 5 years should go to deficit reduction so we do not wait until it is too late to get control of the residual deficit, which will be back up to $395 billion or $400 billion before the turn of the century.
Said by
Pete Domenici
Source
govinfo.gov