[Congressional Record Volume 145, Number 73 (Wednesday, May 19, 1999)]
[House]
[Page H3301]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




  REPUBLICAN MEDICARE AND SOCIAL SECURITY PLAN SAVES MORE FOR SENIORS

  (Mr. COOKSEY asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. COOKSEY. Mr. Speaker, the Republican plan saves $100 billion more 
for Social Security and Medicare compared to the Clinton plan. Now, 
this one is going to be awfully difficult for the Democrats to spin, to 
deny, or to demagogue.
  Do not get me wrong, this will not stop them from trying. But the 
numbers are there for all to see. They are on the Internet. They are on 
the record at the Congressional Budget Office, or the CBO. In fact, 
even a generation of children growing up on rain forest math, whole 
math, and arithmetic through self-esteem could probably figure out the 
truth about the Republican budget.
  The Republican budget saves $100 billion more for Social Security and 
Medicare over the next 10 years than the Clinton budget does. Mr. 
Speaker, $1.8 trillion is locked away from Social Security and Medicare 
by the GOP plan.
  Under the Clinton plan, $1.3 billion is promised, but not locked 
away, for Social Security and Medicare, and the kicker is that the 
Clinton plan contains $350 billion in new Medicare IOUs, a bad deal for 
seniors.

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