Political Quotes

On the recordApril 27, 2010
I am very happy that our Republican colleagues have brought up the CMS report because, while they try to proclaim that this is some kind of revelation, what it actually verifies is what we've been saying all along, which is that we will expand the coverage in this country, not by the 30 million people, which was originally projected, but now by 34 million people. For a 1 percent increase in our total health care costs, which is something that we always said we were going to do, we are going to insure 11 percent more of the population. That's a pretty good deal. Yet there was another big surprise in that CMS report, not just that we are going to insure more people than we thought, but that we will extend the life of Medicare's trust fund, not just by 9 years as we thought, but now by 12 years--all the way to 2029. Yes, there was some news in the CMS report. It is good news for the American people; it is good news for Medicare, and it is good news for the Democratic Congress, which did this great service for the American people.
Said by
John Yarmuth
Democratic · Kentucky

Editor's note · Context

Speaker Yarmuth discusses the implications of the CMS report on health care coverage and Medicare.

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More from John Yarmuth

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Given the current rate of inflation, the idea we ought to pile more money into the system is an almost suicidal act of hubris.

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I would also like to know why on Earth they think raising taxes on half of Americans, from teachers to firefighters, is a solution to high inflation.

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You misspoke. You said tax rates instead of interest rates.

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