[Congressional Record Volume 141, Number 127 (Wednesday, August 2, 1995)]
[House]
[Page H8182]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                                MEDICARE

  (Mr. TATE asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. TATE. Mr. Speaker, it is an undisputable fact that Medicare is 
going broke. In fact, in this report it states very clearly that under 
all sets of assumptions, the trust funds are projected to become 
exhausted. The good news is the Republicans are willing to take this 
issue head on, to preserve Medicare, to protect Medicare, and to 
strengthen Medicare. In fact, we plan on increasing the spending from 
$4,800 this year for a recipient on Medicare to $6,700 per recipient on 
Medicare, a $1,900 increase per recipient on Medicare.
  The bad news is the liberals have a plan for Medicare as well. Their 
plan is to do nothing, to allow Medicare to go broke within the next 7 
years. Even if the budget was balanced today, we would still have this 
report stating very clearly that Medicare would go broke.
  The Republicans have repealed the Clinton taxes on Social Security 
benefits, raising the senior citizen earning limit. Now we want to 
allow seniors to keep more of their money and to protect their 
Medicare. I urge support for these kind of changes.


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