seniors in the first district of Oklahoma and across America cannot afford the rising cost of prescription drugs. In order to live within their budget, some skip a meal, some turn off their air-conditioning, and some consume half the prescriptions that they need. Without a doubt, I believe the Republican prescription drug plan is the only plan that will give our seniors prescription drug coverage they need at a cost that the Nation's budget can afford. The Republican prescription drug plan provides a two-tiered approach that allows seniors to start saving on their prescription drug bills immediately. By grouping seniors together, Medicare can negotiate discounts from manufacturers. This is projected to save seniors about 10 to 20 percent upon the signature of the President. The second part of the plan will come as a comprehensive and voluntary Medicare-based prescription drug benefit. The Republican plan will significantly reduce the costs of prescriptions and save seniors approximately 70 percent of their out-of-pocket drug costs. The House Republican prescription drug plan will work for seniors today, tomorrow, and for the rest of their lives. I urge my colleagues to support this bill.
Editor's note · Context
Discussing the need for a prescription drug plan for seniors during a floor speech.
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