Frank Riggs: “I think so, and I thank the gentlewoman for her comments. Again, she is so right. She is basically describing the…”

“I think so, and I thank the gentlewoman for her comments. Again, she is so right. She is basically describing the so-called mediscare campaign that has been launched by big labor, the major Washington-based labor unions back here which have become the core constituency of the national Democratic Party, yet they are ignoring all the warning signs that we are heading towards bankruptcy, for one reason and one reason only: They want to use this as the political issue to regain control of the Congress. Independent analysis indicates that you know Medicare is going broke. The gentlewoman from California mentioned that we both been targeted by radio and television ads in our congressional districts, giving us an F for our votes on preserving Medicare from bankruptcy. That is actually out of the union press release. Yet if you look at the independent analysis that has been done of some of these advertisements by Brooks Jackson of CNN, he talks about the ads being a big hoax on the American people, grossly misleading. One of the ads running now says the Democrats want to protect Medicare the Republicans want to gut it. But then Jackson goes on to admit Republicans currently propose to cut the growth of Medicare by $168 billion over 7 years. President Clinton's budget calls for $124 billion in cuts, which he calls savings.”