Political Quotes

Pete Domenici: Frankly, we have 100 percent in the first 10 years. So the 15 percent that would have gone to Medicare under the…

On the recordApril 13, 1999
Frankly, we have 100 percent in the first 10 years. So the 15 percent that would have gone to Medicare under the proposal in the committee, added to the percent that the President saved of the Social Security trust fund, is the astronomical percentage of 77 percent of the Social Security trust fund. Guess what we did in our budget resolution. One hundred. Let's do that one. What is the difference there? Twenty-three percent additional accumulated surplus in the first 10 years is in the lockbox as we prescribed in our budget.
Said by
Pete Domenici

Editor's note · Context

Discussing budget resolutions and their impact on Medicare and Social Security funding.

Share

More from Pete Domenici

Jun 18, 2012

I think it is very important, for some of you who have gone through lame duck, to make sure that you know it is not the best choice of an arena to which you would assign the solution of major problems.

congress.gov
May 19, 2014

He has been fair in almost everything he's done.

congress.gov
Jun 18, 2012

It cries out for flexibility to save money, to do things right, to prevent harming people when they do not have to be.

congress.gov
Jul 6, 2014

It is clear from this example that good things can happen when we open up more areas for drilling in a responsible manner.

congress.gov