[Congressional Record Volume 150, Number 115 (Wednesday, September 22, 2004)]
[House]
[Pages H7332-H7333]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DEMOCRATS UNVEIL NEW PARTNERSHIP FOR AMERICA'S FUTURE
(Mr. BROWN of Ohio asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. BROWN of Ohio. Mr. Speaker, recently the President of the United
[[Page H7333]]
States announced a record increase, 17.4 percent, in the premiums that
Medicare beneficiaries will be forced to pay, a record not matched in
the 38-year history of Medicare. Why this increase? Because of the
President's prescription drug bill, a drug bill written by the
insurance industry, written by the drug industry.
{time} 1015
Twenty-three billion dollars in direct subsidies go from the pockets
of seniors, with their premium increase, into the coffers of the
insurance companies, $180 billion dollars extra profits for the already
record profitable drug companies.
And this has happened over and over on the House floor: middle of the
night votes, literally a bribe offered on the House floor during the
passage of Medicare. That is why Democrats are unveiling today the New
Partnership for America's Future to take our country in a new
direction, to take our country in a better direction.
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