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




                      THE COST OF SAVING MEDICARE

  (Mr. NADLER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. NADLER. Mr. Speaker, the basic lack of reality of what the 
Republicans are saying was addressed by my colleague a moment ago. The 
trustees tell us that $90 billion is what is necessary to fix the 
Medicare trust fund for long-term solvency. The Republicans take $270 
billion, and they claim this is offered to save Medicare. If they were 
really honest about this, they would say, OK, we will reduce our tax 
cut from $245 to $155 billion and take that $90 billion and give it to 
the Medicare trust fund.
  But they are not honest about it. When the gentleman from New York 
[Mr. Rangel] offered that amendment in the Committee on Ways and Means, 
he was ruled out of order. We have already been told it will be ruled 
out of order if we were to offer it on the House floor tomorrow, 
because the Republicans are afraid to confront the reality and to let 
us show the American people what they really are talking about. They 
want the entire money for a tax cut for the rich and they do not dare 
say let us cut the tax cut and give $90 billion to Medicare.

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