Political Quotes

William Tauzin: If the gentleman will let me emphasize that point, in the Medicare markup we adopted the lockbox amendment, which makes…

On the recordOctober 13, 1995
If the gentleman will let me emphasize that point, in the Medicare markup we adopted the lockbox amendment, which makes sure any savings the new Medicare reforms produce has to stay for Medicare purposes. It does not go for any other purpose such as a tax cut. It is used within the system to keep the system solvent.
Said by
William Tauzin
Republican · Louisiana

Editor's note · Context

Discussing the lockbox amendment during Medicare reform markup.

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