Pete Sessions: “That is a good point, because in the past we have attempted and claimed we were going to make savings in Medicare and…”

“That is a good point, because in the past we have attempted and claimed we were going to make savings in Medicare and they never occurred. What I am saying is if these savings were to occur and if the new taxes on Medicare go into effect, as they are, that money is what is being used to fund an entirely new health care program. There is real doubt it will ever achieve those savings in Medicare, because if we keep cutting doctors and we keep cutting hospitals, they can't keep doing work. They will start refusing Medicare and Medicaid work. We are in that position already on some of the cuts that we rescind every year because we know the health care system would collapse if those cuts were to go into effect.”