Political Quotes

Christopher Shays: “First, we have no increase in copayment in our Medicare, no increase in the deductible, and we keep the premium at 25…”

On the recordMay 16, 1996
First, we have no increase in copayment in our Medicare, no increase in the deductible, and we keep the premium at 25 percent. There is no increase in premiums. We only increase the premium for the wealthiest in our country who make over $100,000. They may pay more in Medicare part B. Second, there are no tax cuts for the wealthy. What we have as a tax cut is a $500 tax credit for families making less than $100,000. Families making less than $100,000 in our bill will get $500 per child, regardless of wealth, under $100,000.
Said by
Christopher Shays
Connecticut
Source
govinfo.gov

Editor's note · Context

Addressing Medicare premiums and tax credits during a discussion on healthcare policy.

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