Sherrod Brown said "last week President Bush stood in this well and told us that he signed a Medicare bill last month. What he did not tell us was that this bill does not take effect until 2006. What he did not tell us is that this bill gives the insurance companies a $14 billion taxpayer subsidy. What he did not tell us is that this bill provides $139 billion more to the drug companies in profits, and what he did not tell us was how little coverage this Medicare prescription drug bill will give to most of America's seniors. This bill falls short because the Medicare bill was written by the drug industry and by the insurance industry, for the drug industry and for the insurance industry in the Oval Office." @ PoliticalQuotes.com

On the recordJanuary 27, 2004

last week President Bush stood in this well and told us that he signed a Medicare bill last month. What he did not tell us was that this bill does not take effect until 2006. What he did not tell us is that this bill gives the insurance companies a $14 billion taxpayer subsidy. What he did not tell us is that this bill provides $139 billion more to the drug companies in profits, and what he did not tell us was how little coverage this Medicare prescription drug bill will give to most of America's seniors. This bill falls short because the Medicare bill was written by the drug industry and by the insurance industry, for the drug industry and for the insurance industry in the Oval Office.

Said by

Sherrod Brown

Democratic · Ohio

Source

govinfo.gov

Editor's note · Context

Criticizing the Medicare bill signed by President Bush during a floor speech.

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