On the recordJuly 24, 1996
the majority passed the largest reduction in Medicare's history--$270 billion. The majority also proposed allowing some doctors to bill beneficiaries extra charges. Furthermore, the majority's plan would have capped Medicare's expenditures below the level of expected medical inflation. And under their bill, the Medicare premium would have doubled over the next 7 years from its current level. These facts are not in dispute. In the end, actions speak louder than words. And the majority's actions on Medicare, as much as their rhetoric, certainly give America's seniors reason for concern. Mr. Speaker, we need reform that protects Medicare's solvency. But we cannot afford legislation that destroys Medicare in the name of saving it.
Source
govinfo.gov
