[Congressional Record Volume 149, Number 94 (Tuesday, June 24, 2003)]
[House]
[Page H5720]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SENSIBLE MEDICARE REFORMS
(Mr. PENCE asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. PENCE. Mr. Speaker, as Congress this week considers the largest
expansion of Medicare in 35 years, we should begin with the
understanding that Medicare has actually cost the American taxpayers
7\1/2\ times in real dollars what it was projected to cost. And while
the needs for some prescription drug for some seniors is very, very
real, it is important also to recall that 76 percent of seniors in
America today have prescription drug coverage.
I would offer that our reforms this week should be about focusing
solutions at the point of the need. Let us help our seniors near the
poverty level with urgent and sufficient prescription drug coverage.
Let us reform Medicare so it will be there for the future without
placing an undue burden on our children and grandchildren. Let us
otherwise do no harm to the private sector foundation of the greatest
health care system in the history of the world.
For all these reasons I will oppose a universal drug benefit in
Medicare. By agreeing to a prescription drug benefit for all seniors
rather than just those in need, Congress threatens our Nation's fiscal
stability, our own private prescription plans, and the survival of our
free market health care system.
One more massive Federal entitlement is, simply put, a prescription
for disaster.
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