[Congressional Record Volume 141, Number 81 (Tuesday, May 16, 1995)]
[House]
[Page H4964]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                            MEDICARE TAX CUT

  (Mr. GUTIERREZ asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. GUTIERREZ. Mr. Speaker, the Republicans have now unveiled their 
slash-for-cash budget.
  The Republicans will slash Medicare by nearly $300 billion to get the 
cash for a tax cut of that same amount.
  How?
  It's simple.
  If you are a senior citizen, you will just have to cough up about 
$3,500 in out-of-pocket costs to pay for Medicare cuts.
  Then, the top 1 percent of the wealthiest American families can rake 
in over $20,000 each in tax cuts.
  See? Simple. Slash for cash.
  In fact, the Republicans could make the whole process much simpler.
  With this handy envelope.
  Elderly Americans--those who guided us out of a depression and 
through a world war, those who educated us, fed us and led us--you just 
put your money in here.
  Then send if off to the wealthy, in care of the Republican Party, 
here inside the beltway.
  But, look at the bright side.
  If the Republicans are feeling generous, maybe they will kick in for 
the stamps so that you seniors can send in your money.


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