I think he has made some very good points, points that are new and the first time they have been made here tonight, and that is, if the plan previously was enough, not only in an election year, how are they going to pay for that? Particularly the part about an open-ended entitlement for wealthy seniors that would actually end up bankrupting Medicare and threaten it in the future. One of the things that really concerns me is that if we look at the Democrats' plan, $800 billion to $1.2 trillion over 10 years, the estimated cost of that. Now, where are they going to get that? Are they going to get it from education, national defense, homeland security? Are they going to have to raise taxes? What we have under their plan is that they would have to raise taxes on our hard-working people. These are our teachers, these are the folks that are working in the kitchen. These are folks that are just barely making it by, new families that are trying to ensure that they can buy their first home. We will be taking from them, and we will be supporting the prescription drugs totally for folks like Ross Perot. I think the gentleman pointed out a real moral dilemma and a real moral shortfall in their plan.
Lizzie Fletcher: “I think he has made some very good points, points that are new and the first time they have been made here tonight, and…”
Editor's note · Context
Discussing the financial implications of the Democrats' plan for prescription drugs and its impact on Medicare.
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