[Congressional Record Volume 147, Number 25 (Wednesday, February 28, 2001)]
[House]
[Pages H446-H447]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




        IT IS TIME FOR THE REST OF THE STORY FROM THE PRESIDENT

  (Mr. ALLEN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. ALLEN. Mr. Speaker, after President Bush's speech last night, it 
is time, as Paul Harvey would say, for the rest of the story.
  To those who have prospered the most in the last 10 years, who earn 
over $300,000 a year, President Bush gives almost $1 trillion of public 
money. But to those seniors who are desperate for a Medicare 
prescription drug benefit, the President says, in effect, forget it. He 
proposes to give subsidies to HMOs and insurance companies in the hopes 
that they will offer seniors private insurance.
  To those parents, teachers, and educators who want full funding of 
special education, the President said, in effect, forget it.

[[Page H447]]

  To those who built Medicare and Social Security, brick by brick over 
65 years, President Bush said, in effect, tear down these buildings.
  He wants to turn Medicare over to insurance companies, and he wants 
to privatize Social Security. That is the rest of the story; and 
unfortunately, it is not pretty.

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