[Congressional Record Volume 141, Number 118 (Thursday, July 20, 1995)]
[House]
[Page H7262]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                    MEDICARE CUTS TO FUND TAX BREAKS
  (Mrs. SCHROEDER asked and was given permission to address the House 
for 1 minute and to revise and extend her remarks.)
  Mrs. SCHROEDER. Mr. Speaker, indeed there is a MediScare, and there 
is a MediScare because the seniors know the truth about what is 
happening. They know that the new Republican majority has found this 
little piggy bank, this little piggy bank that had ``Medicare Trust 
Fund'' written on it, and they have crossed out ``Trust Fund'' and they 
are not using the Medicare piggy bank to pay for the crown jewel of 
their contract.
  What is the crown jewel of their contract? Tax breaks for people who 
make over $350,000 a year. Seniors think that is unfair, when they also 
hear that Medicare is going broke. Let me tell you how much faster it 
is going to go broke if you keep using it as a piggy bank to pay for 
tax cuts.
  When you look at the Medicare tax cut and you look at what it is 
going to cost to give everybody who makes more than $350,000 a year a 
$20,000 a year per person tax cut, it almost looks identical.
  That is why there is MediScare, and they ought to absolutely be 
believing there is a MediScare. We ought to stop it.

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