On the recordFebruary 7, 2012
You want to retain that. So that means you can only finance about a 3 percent reduction, 3.5 percent.
Source
congress.govYou want to retain that. So that means you can only finance about a 3 percent reduction, 3.5 percent.
McDermott discusses the limitations of tax reductions due to the importance of accelerated depreciation.
Share
More from Jim McDermott
To make that a reality we have to move the conversation in Congress away from harmful ideas like privatizing the program and cutting seniors' benefits.
Now, the reason I raise this issue is that we all know that about 70 percent of healthcare costs occur in the last 6 months of life.
We are trying to figure out where we are going as a country and how we can turn our investments and innovation into sustainable models moving forward.
This committee has the potential of doing more good for the American people than perhaps any other single subcommittee in the Congress.