[Congressional Record Volume 150, Number 6 (Tuesday, January 27, 2004)]
[House]
[Page H104]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WHAT PRESIDENT BUSH DID NOT TELL US ABOUT THE MEDICARE BILL
(Mr. BROWN of Ohio asked and was given permission to address the
House for 1 minute.)
Mr. BROWN of Ohio. Mr. Speaker, last week President Bush stood in
this well and told us that he signed a Medicare bill last month. What
he did not tell us was that this bill does not take effect until 2006.
What he did not tell us is that this bill gives the insurance companies
a $14 billion taxpayer subsidy. What he did not tell us is that this
bill provides $139 billion more to the drug companies in profits, and
what he did not tell us was how little coverage this Medicare
prescription drug bill will give to most of America's seniors.
This bill falls short because the Medicare bill was written by the
drug industry and by the insurance industry, for the drug industry and
for the insurance industry in the Oval Office.
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