[Congressional Record Volume 141, Number 72 (Wednesday, May 3, 1995)]
[House]
[Page H4517]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                 AMERICA LOSES WITH THE MAJORITY BUDGET

  (Mrs. CLAYTON asked and was given permission to address the House for 
1 minute and to revise and extend her remarks and include extraneous 
material.)
  Mrs. CLAYTON. Mr. Speaker, by all accounts, there is at least a 
$3,500 billion hole in the budget that the majority will present to us 
next week. They want to balance the budget, and so do I. They do not 
want to cut Medicare, if possible; so do I. But they have also passed a 
bill to give the wealthiest of Americans a tax cut.
  In other words, they want to use one-half of the budget for deficit 
reduction, they say; half of the money will go for Medicare, and the 
third half will go for the wealthiest Americans. That math does not add 
up, Mr. Speaker.
  The tax cut will cost more than $345 billion that they gave to the 
wealthiest Americans. That is $45 billion more than they need to save 
Medicare. Now we are told the majority wants to put off the decision 
about Medicare. They are already 1 month behind their commitment to 
present a budget to this House.
  Mr. Speaker, it seems clear what is going on here. In the end the 
majority will cut more than fat out of Medicare; they will cut the bone 
and the marrow out of Medicare. They will cause senior citizens to 
spend more than $3,000 more for their medical care.
  Mr. Speaker, that is not fair. America will be the losers in the end 
if we do not address this appropriately.

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