I think those are excellent, excellent points, Walter. And something in particular that you said about Medicare and the fact that the liberal Democrats up here in the Congress have been scaring senior citizens about alleged cuts that are nonexistent, but they keep talking about them. Senator Paul Simon, who is a Democrat, said that the greatest threat to Social Security and Medicare is this huge debt. The fact that the budget is not balanced. That is the greatest threat to both Social Security and Medicare. That is why it is absolutely critical that we balance this budget. We have got an almost $5 trillion debt that we have got to finally balance. And that is what we are about.
Steve Chabot: “I think those are excellent, excellent points, Walter. And something in particular that you said about Medicare and the…”
On the recordJuly 12, 1995
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govinfo.govEditor's note · Context
Discussing the importance of balancing the budget and its impact on Medicare and Social Security.
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