On the recordApril 24, 1997
today the Medicare trustees will release the latest numbers on Medicare's impending insolvency. The Republicans are in the majority, so what is their solution? Instead of passing legislation to fix the trust fund, they have wasted the last 2 years trying to ram through deep Medicare cuts to finance tax breaks for the wealthy. Last week Republican leaders argued for an additional $30 billion in Medicare cuts. The Medicare legislation that the Republicans passed in the last Congress would have forced seniors to pay double premiums for lesser quality care. The Republicans fought the Medicare Program when it was created under Democratic control, and now they are relishing the opportunity to let it die under their watch.
Source
govinfo.gov