J. Exon: “I do not think it is particularly helpful for us to show on television charts that scare the devil out of the senior…”

“I do not think it is particularly helpful for us to show on television charts that scare the devil out of the senior citizens of America. The Medicare fund is not going to go broke. Everybody knows it is not going to go broke because the Congress, whatever it has to do, is going to step in and stop it. The fact of the matter is that while we keep criticizing what the President of the United States has done, as I demonstrated by charts earlier on today--listening to people on the floor of the U.S. Senate that have recently come into the Congress, you would think they are the only ones who have any expertise or knowledge on how to balance the Federal budget--as I showed vividly with charts this morning, it was the President of the United States, Bill Clinton, who has come on board and at the urging of some of us who have been fiscal conservatives for a long, long time and very much concerned about the skyrocketing budget deficits annualized at about $300 billion, Bill Clinton is the one who has reversed that course.”