Political Quotes

Saxby Chambliss: “The tax you are referring to, the Medicare tax that currently is in existence, goes into a trust fund. It is a fund that…”

On the recordOctober 12, 1995
The tax you are referring to, the Medicare tax that currently is in existence, goes into a trust fund. It is a fund that is set aside to solely pay for Medicare benefits and nothing else. That is why there is no relationship between tax reform and Medicare, there is simply no relationship. That is trust money.
Said by
Saxby Chambliss
Republican · Georgia

Editor's note · Context

Discussing the relationship between tax reform and Medicare funding.

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