On the recordApril 24, 1996
my Republican colleagues who come here to sound an alarm on Medicare, even though this alleged shortfall has already been known by CBO and they have taken it into account, although almost every year we have been responding within Ways and Means to make sure the Medicare fund stays solvent. The trouble with the Republican approach is that their cure has been far worse than the ailment, a heavy hit on seniors and providers to fund a tax cut for a very wealthy few. Their proposal gambles with the health of older Americans by excessive expenditure cuts and risky proposals. In contrast, the President has proposed a plan that would extend the solvency of the part A hospital insurance trust fund through the next decade without hurting seniors. What the Republicans are doing, sounding an alarm to put out a fire, they want to tear down the Medicare house The public rejected it last year. They will reject it again this year.
Source
govinfo.gov




