On the recordMay 10, 1995
For the last decade I have represented a district that has as many senior citizens in it as any other district save one or two in the country. I think it is totally unfair to our older Americans to pretend there is no problem with Medicare and try to say that the Republican Party is out to make cuts in Medicare to give the rich people a tax cut. It is simply not true. Under our plan, Medicare increases from $4,700 a participant to over $6,000. As a matter of fact, it is $6,300 per participant. That is not a cut. The bottom line with Medicare is, and their party needs to figure this out, fix it or lose it, because the President himself says it will be bankrupt in 7 years.
Said by
Jim Saxton
Source
govinfo.gov