[Congressional Record Volume 142, Number 120 (Thursday, September 5, 1996)]
[House]
[Page H10046]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        BOB DOLE'S ECONOMIC PLAN

  (Ms. DeLAURO asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Ms. DeLAURO. Mr. Speaker, Bob Dole's economic plan does spell 
disaster for the millions of Americans who depend on Medicare. His 
proposal for a close to $600 billion tax cut could result in $300 
billion in Medicare cuts. That is not my number, that is the 
Congressional Budget Office which is controlled by the Republicans. It 
calls the cuts draconian. They say that Medicare beneficiaries would 
probably find their own costs rising substantially, that is a direct 
quote, if $300 billion in Medicare cuts were required. Mr. Dole says he 
plans to pay for this tax cut by closing corporate loopholes.
  Get a hold of the New York Times this morning where this is the 
following quote from the New York Times:

       During Mr. Dole's 27 years in the Senate, he has proved 
     himself to be a master at engineering the very sorts of 
     special tax breaks for constituents and corporations that he 
     now decries. And recipients of those breaks in turn have been 
     among Mr. Dole's most generous contributors.

  Let me say this to you, that he was also very proud that he voted 
against Medicare, 1 of 12 to do that. Who do you trust to deal with the 
Medicare system, Mr. Dole or the Democrats who have stood here to 
defend Medicare every single day for the last 20 months against the 
Republican onslaught?

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