[Congressional Record Volume 141, Number 77 (Wednesday, May 10, 1995)]
[House]
[Pages H4673-H4674]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CUTTING MEDICARE AND MEDICAID SO THE WEALTHY GET A TAX BREAK
(Mr. VOLKMER asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. VOLKMER. Mr. Speaker, I rise today, the 126th day of the imperial
speakership, to protest the proposed Gingrich Republican budget plan.
This plan would cut Medicare and Medicaid Programs by over $400 billion
so that the wealthy can have a tax break.
Two months ago, Mr. Speaker, the Gingrich Republicans voted to cut
benefits for children in the School Lunch Program. Then they attacked
the Student Loan Program. Now it is the elderly through cuts in
Medicare and Social Security. The Republicans have stated time and time
again they would not touch the Social Security system, but their
proposed fiscal year 1996 budget would decrease cost-of-living
increases for Social Security recipients.
[[Page H4674]] There is no reason that we should be making these cuts
that will hurt the elderly, the young, and those hoping to lead our
country during the next century, our college students, so that those
making over $200,000 a year can be given a big tax break. That is
right. Those 1 million fortunate Americans who make over $200,000 a
year will be getting a $20,000 tax break while 37 million seniors are
losing $900 a year.
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