[Congressional Record Volume 141, Number 122 (Wednesday, July 26, 1995)]
[House]
[Page H7708]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                IF YOU CARE ABOUT SENIORS, SAVE MEDICARE

  (Mr. LEWIS of Kentucky asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. LEWIS of Kentucky. Mr. Speaker, as you are well aware, this is 
the week of the 30th anniversary of Medicare. Republicans are working 
hard to make sure Medicare is available over the next 30 years. We wish 
the President was doing the same.
  Instead, President Clinton is using the White House's resources and 
energies, not to mention taxpayers' dollars, to raid seniors' pension 
funds--not to save Medicare.
  By promoting economically targeted investments [ETI's], which take 
into consideration the investment's benefit to society rather than the 
financial benefit to the retiree, the Clinton administration is 
depriving seniors of the most profitable return from their pension 
fund.
  The Labor Department is supposed to protect your pension fund from 
being raided, not be the raider. And President Clinton is supposed to 
care about seniors, not shaft them.


                          ____________________