[Congressional Record Volume 142, Number 55 (Thursday, April 25, 1996)]
[House]
[Pages H3826-H3827]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     MEDICARE'S PENDING BANKRUPTCY

  (Mr. FUNDERBURK asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. FUNDERBURK. Mr. Speaker, how long are the Clinton Democrats going 
to ignore reports that Medicare is going broke? How long are they going 
to jeopardize the future of our parents' and grandparents' health?
  Mr. Speaker, new Government reports show a $4.2 billion shortfall in 
Medicare for the first half of this fiscal year, $4.2 billion.
  Just last year the Clinton administration predicted Medicare would 
take in $45 billion more. It seems the Clinton administration was 
wrong. When

[[Page H3827]]

President Clinton had the chance to reform Medicare, he chose his veto 
pen and MediScare, scaring seniors over our seniors' health care 
security. The President is ignoring Medicare's impending bankruptcy, 
something our seniors cannot afford.

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