I would point out that we are dealing with a tax cut of about $90 billion. About $70 billion of that $90 billion over the next 5 or 6 years goes to a $500-per-child tax credit for families that earn less than $110,000. But I want to answer the charge that people have not had time to look through this bill. Here is the Medicare bill. It is not like this was just dumped on people's doorsteps last night. It is 95 to 98 percent of this bill that has been out there for weeks. This was what the House and the Senate passed. The great majority of this bill was agreed to weeks ago by the administration, and the House and the Senate. Yes, there were some differences and in the last couple weeks there has been ample newspaper and news coverage of how we have come to a resolution on some of those contentious issues. I am very interested in this issue. So for those last final remaining items that were in dispute, all we have to do is look in those sections and know what is in the bill.
Greg Ganske: “I would point out that we are dealing with a tax cut of about $90 billion. About $70 billion of that $90 billion over…”
Editor's note · Context
Addressing concerns about the transparency and timing of the Medicare bill during a floor debate.
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