[Congressional Record Volume 142, Number 120 (Thursday, September 5, 1996)]
[House]
[Page H10045]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE DOLE-GINGRICH TAX PLAN
(Mr. BROWN of Ohio asked and was given permission to address the
House for 1 minute.)
Mr. BROWN of Ohio. Mr. Speaker, the folks who brought us the
Government shutdown are back at it. Cut taxes on the rich, they say,
and cut Medicare and student loans to pay for it. The Dole-Gingrich tax
plan, some $600 billion in tax breaks mostly for the rich, will mean
ever bigger cuts in Medicare, ever bigger cuts in student loans, ever
bigger cuts in environmental protection than the original Gingrich
plan.
The Gingrich-Dole plan will mean fewer Medicare services and fewer
student loans. The Gingrich-Dole plan will mean higher Medicare
premiums, higher Medicare copayments, higher Medicare deductibles, and
higher costs for middle-class students getting student loans.
The Dole-Gingrich plan will mean Medicare beneficiaries who are now
paying about $46 a month in premiums will see their premiums
approaching $100 a month.
Mr. Speaker, not cuts in Medicare and student loans to pay for tax
breaks for the wealthy. It simply does not make sense.
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