Lindsey Graham: “Where we disagree is how we should finance this. What the Republicans are saying is we should do this by essentially…”

“Where we disagree is how we should finance this. What the Republicans are saying is we should do this by essentially using the Part A trust fund. That is the trust fund which people have paid in through their payroll tax and from which they have an expectation of receiving--to read from the Medicare benefits booklet--hospital stays, skilled nursing facilities, home health care, hospice care, and blood care--all the things which are financed out of the Part A trust fund. That is what is going to be raided as we try to now finance a major prescription drug benefit. We should stay with the proposal of the Senator from Montana to finance this responsibly by reducing by less than 10 percent the projected tax reduction.”