On the recordOctober 12, 1995
after languishing for months without a plan to save Medicare, the Democrats have at least finally proposed something, even though it does not address the heart of the problem. Their plan to find $90 billion in Medicare savings is not about saving Medicare; it's about saving Democrats for the next election. The Democrat plan does nothing but postpone Medicare's bankruptcy for 3 years. Furthermore, under the Democrat plan, when the baby boomers begin retiring in 2010, Medicare will be more than $300 billion in the red. The Republican plan, on the other hand, makes a real attempt to address what is a long-term problem. Changes will be made in an attempt to make a 1960's program both functional and affordable in the 1990's. And our plan will make Medicare solvent through 2010. Mr. Speaker, there are two plans to change Medicare. But only one saves it. And it's being offered by the Republican Party.
Source
govinfo.gov
