On the recordOctober 10, 1995
The other side will march to the well of this House and say that the new majority is trying to change Medicare to pay for a tax cut. That is just blatantly and totally false. The fact is the new majority worked very hard on a budget plan to bring this budget into balance within 7 years that paid for all of the tax reductions along the way. If our budget were balanced today, right now, we would still have a problem with the Medicare trust fund. Members of both parties, three members of the President's own Cabinet, tell us that Medicare is going broke. We have to fix it, and something else that follows the school lunch fiction and all the other scare tactics. The fact is we are not cutting Medicare. We are reducing the rate of growth.
Source
govinfo.gov
