On the recordSeptember 21, 2011
As I look out on this committee, or this panel, I am really pleased to see people who believe in the market.
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congress.govAs I look out on this committee, or this panel, I am really pleased to see people who believe in the market.
McDermott appreciates the committee's belief in market principles.
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More from Jim McDermott
Getting the people covered by health care is one thing. Controlling the cost is another thing, and this is about controlling the cost, and I don't believe we have our arms around it yet.
When the bill passed here in 1983 and they advanced the retirement age from 65 to 67, I am sure there were thousands, millions of people in this country who never thought that was going to ever affect them.
We continue to overpay the insurance industry through the Medicare Advantage program.
If you want to cover all Americans and secure financial security and control costs, you have limited options.