The Senator from Florida is inaccurate because in my own plan, my MEDS program is a copay and also has deductibles built in depending on wages or income. It is worked through Medicare and through the HCFA program. So, no, I do not oppose a shared responsibility or liability but one that is a benefit to seniors, and not one that drains their pocketbooks for little or no benefit.
Discussing the MEDS program and its benefits for seniors.
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Senator Durbin has an amendment at the desk. The PRESIDING OFFICER. The clerk will report. The legislative clerk read as follows: The Senator from Minnesota (Mr. Grams), for Mr. Durbin, proposes an amendment numbered 4362.
I will go through this quickly. I know we have others wanting to speak. As I said, this is not an experiment. This is being done around the world. Eleven countries now have privatized their retirement; 30 others are considering it. We like…
So you are saying the President's plan, when fully phased in, will be only $25 per month or are you talking about the initial plan with the coverage available with the caps and coverage?
We have tried, but we have not had it scored yet and have not been able to get the numbers, but some of the projections we have say it will be under $40 billion a year, not the 258 or 253 the Vice President is talking about.
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