Political Quotes

On the recordMarch 12, 1996
Let me give one option that would be put on the market if our bill passed. It is called a medical savings account and I am going to apply it to two people I know and love, my aunt and uncle. When my parents died, I was about 21, I had a sister who was 13, we were taken in by an aunt and uncle whom I am very close to. They worked in the textile industry all their lives in South Carolina. I doubt if they ever made over $8 an hour but they had a good job and proud to have the job. They are retired now, been retired about 3 years. They live off Social Security, they have Medicare as their primary health care, and they have a paper route. They are healthy seniors and God has been good to them. But under the current Medicare system, they have about $46.10 taken out of their Social Security check. That is their part B premium. That money is taken out of their check and it is taken out of Ross Perot's check if he happens to be Medicare eligible and it goes into a fund and it pays doctor bills for senior citizens, 30 percent of the doctor bills. All doctor bills paid under Medicare the funding comes from two sources, a senior citizen premium, like my aunt and uncle pay out of their Social Security check, and 70 percent of it comes out of the Treasury. Medicare has been growing at 12 and 13 percent a year. A huge bill is being sent to the taxpayer because of Medicare growth.
Said by
Lindsey Graham
Republican · South Carolina

Editor's note · Context

Discussing the impact of Medicare on seniors and proposing medical savings accounts.

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