[Congressional Record Volume 141, Number 96 (Tuesday, June 13, 1995)]
[House]
[Pages H5779-H5780]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  REPUBLICANS PLEDGED TO SAVE MEDICARE

  (Mr. DAVIS asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. DAVIS. Mr. Speaker, here is a quote from the Medicare trustees 
report: ``Under all sets of assumptions, the trust fund is predicted to 
become exhausted even before the major demographic shift begins.''
  In other words, the trustees have considered the impending bankruptcy 
of Medicare from many different angles and have concluded that, no 
matter what calculations are used, Medicare is going broke. Not only is 
Medicare going broke, it will go broke even before the baby boomers 
begin to retire. In fact, it will be bankrupt in about 7 years, if 
nothing is done.
   Mr. Speaker, saving Medicare is not about calculus. It is not about 
numbers. It is about people who are 58 [[Page H5780]] years old today 
who will not have the benefit of Medicare when they retire in 2002. It 
is about our parents and grandparents whose health care needs are met 
today because of Medicare.
  Republicans will not let Medicare go broke. We are acting to protect, 
preserve, and save Medicare. And, we will not break faith with the 
generation that guided America through the Depression, a world war, and 
the cold war.

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