On the recordOctober 11, 1995
for all my colleagues who tried to scare the American public into believing that the devil was in the Republican Medicare plan, they forgot one thing, the truth is in the details, and in the marketplace of ideas, the truth will prevail. The 1960's Medicare System is going broke. The Democrats know it, the Republicans know it, and the American public knows it. The truth in the details about the Medicare Preservation Act, is this: There are no cuts in Medicare spending, we increase per beneficiary spending by $1,900. There is no increase in Medicare copayments. There is no increase in Medicare deductibles. And there is no change in the current rate of Medicare premiums. Most importantly, the $270 billion saved by Medicare under this proposition will be kept in Medicare to ensure its solvency for years to come. Mr. Speaker, the truth is in the details.
Source
govinfo.gov
