Jim McDermott actually said...

You 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.

02/07/2012

More Jim McDermott Quotes

we are going to call it a premium increase, but it is a tax. It is a tax on the seniors that we are putting on here.

Today, as Ranking Member McDermott said, half of all people with Medicare, 25 million older adults and people with disabilities, are living ...

The notion that beneficiaries have to have more skin in the game to encourage smart healthcare shopping is ridiculous.

Fifty percent of the Medicare beneficiaries in this country have annual incomes at or below $22,500.