David Obey: “Mr. Speaker, the drug companies vigorously support the Republican plan, because they understand that the Republican plan…”

“Mr. Speaker, the drug companies vigorously support the Republican plan, because they understand that the Republican plan is like the wolf giving Little Red Riding Hood a roadmap through the woods. It is a phony deal. The Republican leadership says we can afford to provide $200 billion in tax cuts to the wealthiest 400 people in this country. They say we can afford to provide $90 billion in tax cuts to the wealthiest 1 percent who make more than $300,000 a year, but somehow we cannot afford to provide a real affordable prescription drug benefit for every senior citizen under Medicare. Under the Republican approach, they simply privatize Medicare, because they do not have the guts to let us vote on a real plan, because they know if they did, they would lose.”