[Congressional Record Volume 148, Number 87 (Wednesday, June 26, 2002)]
[House]
[Page H3934]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SUPPORT REPUBLICAN PRESCRIPTION DRUG PLAN
(Mr. SULLIVAN asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. SULLIVAN. Mr. Speaker, seniors in the first district of Oklahoma
and across America cannot afford the rising cost of prescription drugs.
In order to live within their budget, some skip a meal, some turn off
their air-conditioning, and some consume half the prescriptions that
they need.
Without a doubt, I believe the Republican prescription drug plan is
the only plan that will give our seniors prescription drug coverage
they need at a cost that the Nation's budget can afford.
The Republican prescription drug plan provides a two-tiered approach
that allows seniors to start saving on their prescription drug bills
immediately. By grouping seniors together, Medicare can negotiate
discounts from manufacturers. This is projected to save seniors about
10 to 20 percent upon the signature of the President.
The second part of the plan will come as a comprehensive and
voluntary Medicare-based prescription drug benefit. The Republican plan
will significantly reduce the costs of prescriptions and save seniors
approximately 70 percent of their out-of-pocket drug costs.
The House Republican prescription drug plan will work for seniors
today, tomorrow, and for the rest of their lives. I urge my colleagues
to support this bill.
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