I think the public should know that you cannot transfer money from the Medicare trust fund to any other account. The money has to stay within the Medicare trust fund. But all these scare tactics to frighten senior citizens, let me also point out that we should look at President Clinton's plan. He recognized the problem. He is the one that told us Medicare will be bankrupt within 7 years. His proposal is about saving $127 billion over 10 years.
Young Oak Kim: “I think the public should know that you cannot transfer money from the Medicare trust fund to any other account. The…”
Editor's note · Context
Discussing Medicare funding and President Clinton's proposal during a floor speech.
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