Mr. President, today, I, along with Senators LeMieux, DeMint, and Inhofe, am introducing the FAST Act. At the same time, this same bill is being introduced in the U.S. House of Representatives by Representative Peter Roskam. Both of us were present at the White House summit with the President. What the FAST Act does is attack the $100 billion worth of waste and fraud in Medicare, Medicaid, and SCHIP. In the President's February 22, 2010 proposal for health reform, President Obama endorsed several Republican proposals designed to combat waste, fraud, and abuse in Medicare and Medicaid. While some anti-fraud provisions were included in the health care overhaul that passed Congress, these Republican proposals were not fully included. Today, along with Senators LeMieux, DeMint, and Inhofe, I am introducing the ``Fighting Fraud and Abuse to Save Taxpayers' Dollars'' or ``FAST'' Act. An identical bill is also being introduced today in the U.S. House of Representatives by Representative Peter Roskam, who also attended the White House health summit. The FAST Act notionally represents the Republican solutions the President endorsed to combat waste in Medicare and Medicaid as, as well as a bipartisan provision to reduce from by removing Social Security numbers from Medicare cards. The status quo in Medicaid and Medicare is unsustainable and unacceptable. American taxpayers lose $60 to $100 billion in waste, fraud, and abuse in Medicare and Medicaid each year.…
On the recordSeptember 29, 2010
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