On the recordMarch 28, 2012
Mr. Chairman, my colleague, the gentleman from Maryland, put up a chart with the red showing the rising costs of Medicare and said the President has no plan. Well, I wish the gentleman had looked at the chart of the chairman of the Budget Committee. We've seen it a couple of times today. It shows the black line being the House Republican trajectory, the blue line being the President's plan to contain costs. The difference again being that the Republican proposal puts all the risks of rising health care costs onto seniors, whereas the President's plan talks about changing the delivery system in a way to encourage the value of care, focus on the value of care, rather than the volume of care. I would only point out that we keep hearing about the IPAB. The reality is that anything they would propose, number one, by law cannot ration care. But number two is subject to review and a vote by Members of Congress, the people in this body. With that, I yield 2 minutes to the ranking member of the Ways and Means Committee, the gentleman from Michigan (Mr. Levin). (Mr. LEVIN asked and was given permission to revise and extend his remarks.)
