On the recordMay 25, 2011
we are gathered here on the Senate floor to face a very stark fact; that is, that the House Republican budget would end Medicare as we know it for future generations. The House Republican budget would increase costs for current beneficiaries right away, and the House Republican budget would do real damage to seniors across this country and in my home State of Rhode Island. With gas prices at near-record highs and unemployment numbers still in double digits, most folks are focused on making ends meet. They deserve a budget that will improve the economic opportunity in our country, balance our budget, and maintain Medicare, Medicaid, and other programs on which so many Americans rely. The House Republican budget fails every one of these tests. It ends Medicare, it lowers taxes for most corporations and the most fortunate, who too often already pay lower tax rates than the average American, all while failing to balance the budget. The House Budget Committee chairman has claimed that ``our budget makes no changes for those in or near retirement.'' This claim that this budget resolution will not affect Americans who are already retired is simply flatout false. The House budget reopens the Medicare Part D doughnut hole that we closed in the reform bill. That will cost nearly 17,000 Rhode Island seniors, in 2012 alone, nearly $9.5 million out of pocket.…





