[Congressional Record Volume 141, Number 161 (Wednesday, October 18, 1995)]
[House]
[Pages H10212-H10213]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       THE REAL DEAL ON MEDICARE

  (Mr. WYNN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. WYNN. Mr. Speaker, this week we will have on the floor of the 
House so-called Medicare reform. All the American people are basically 
asking for is straight talk, true numbers, and the real deal.
  The real deal is this: According to the Medicare trustees, we do need 
to make some adjustments in Medicare. How much? We need to make about 
$90 billion in adjustments so that we can ensure the solvency of the 
trust fund for about 10 years, for the next 10 years.
  The Democrats say well, that will only cost $90 billion. So why do 
the Republicans say that costs $270 billion? Why are they taking $270 
billion out of the Medicare program? They do not get any greater 
solvency. According to the CBO, they will only assure solvency for 

[[Page H 10213]]
another 10 years, just as we do. So what happens to the rest of that 
money? It does not go into the Medicare trust fund. Instead, it goes to 
pay for tax breaks for the very wealthy.
  Mr. Speaker, those are the fact. We need to make an adjustment. An 
adjustment costs about $90 billion. The Democrats are willing to make 
that $90 billion adjustment. Why do we need to rest of the money? It 
does not go to the Medicare trust fund; it goes to the very wealthy.

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