[Congressional Record Volume 142, Number 124 (Wednesday, September 11, 1996)]
[House]
[Page H10182]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   TAX CUTS FOR THE WEALTHY MEANS CUTS FOR MEDICARE AND STUDENT LOANS

  (Mr. BROWN of Ohio asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. BROWN of Ohio. Mr. Speaker, we have been here before. The same 
folks who brought you the Government shutdown are back. Speaker Newt 
Gingrich, Bob Dole, and others want a $500 billion tax break, mostly 
for the wealthy.
  What does that mean? It means more Medicare cuts, higher even than 
the $270 billion that the Gingrich-Dole plan originally gave us. It 
means a doubling of premiums. Where premiums are $46 a month for senior 
citizens for Medicare, those premiums will go to $90 or $100 a month, 
perhaps even $110 a month, to pay for the tax break for the wealthy 
that Mr. Dole and Mr. Gingrich want to bring to us. It means higher 
deductibles and higher copayments for Medicare. It means elimination 
and cutting back of the student loan program and higher costs for those 
student loans that still remain.
   Mr. Speaker, these tax breaks for the wealthy mean more Medicare 
cuts, more student loan cuts. They are simply not what the public 
wants.

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