[Congressional Record Volume 142, Number 82 (Thursday, June 6, 1996)]
[House]
[Page H5938]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
IT IS TIME FOR ACTION TO SAVE MEDICARE
(Mr. DOOLITTLE asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. DOOLITTLE. Mr. Speaker, yesterday the Medicare Board of Trustees,
made up entirely of Clinton administration appointees, reported that
Medicare is going bankrupt sooner than expected, now projected to be by
early in the year 2001.
Last year the Republicans led the fight to save this system with a
Medicare Preservation Act. This act increased benefits, attacked waste
and preserved Medicare for future generations, and it put the program
in sound financial condition.
In that plan we proposed increasing per-person spending by over
$2,000 per year over the course of the next 7 years. But the President
vetoed the plan.
Yesterday, Mr. Speaker, the trustees showed yet again it is time for
action to save Medicare. Let us hope that the Congress and the
President will act cooperatively to save Medicare while there is still
time. As the trustees write in their own report, ``prompt, effective
and decisive action is necessary.''
____________________