On the recordApril 14, 2011
We've had a spirited debate this evening about fundamental choices that we need to make as a country. We all agree that we have to reduce our deficits in a predictable, steady way. The question is how do you do it, and we believe, as did the cochairs of the bipartisan fiscal commission, that the Republican plan is unbalanced; and it's unbalanced because it asks very little of the folks at the very top and reduces dramatically our investments in our kids' education and it does end the Medicare guarantee. Seniors will no longer be able to stay in the Medicare program. They will be forced into the insurance program. It immediately does end the prescription drug benefit, something we worked hard to close, the doughnut hole. {time} 2020 It ends the effort that was put in place under the Affordable Care Act to end the doughnut hole. So I would say to the gentleman from Georgia who spoke earlier, those seniors who are calling his office, they will lose that benefit in closing the doughnut hole right away if this Republican budget passes. For other seniors and people who have been paying in the Medicare system through their payroll taxes, we want to make sure they have the benefit of the Medicare guarantee. Throwing them into the private insurance market and giving them a deal that Members of Congress do not give ourselves is wrong. It is absolutely wrong. We have a fair share deal, and we are asking seniors to take a raw deal.…
Source
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