[Congressional Record Volume 157, Number 86 (Wednesday, June 15, 2011)]
[House]
[Page H4200]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   THE IMMINENT MEDICARE CATASTROPHE

  (Mr. FLEMING asked and was given permission to address the House for 
1 minute.)
  Mr. FLEMING. Mr. Speaker, we are at a great turning point in history 
when it comes to the survival of Medicare. The CMS actuary just 
informed us that Medicare will become insolvent in just 12 years. That 
means that if you're on Medicare, or expect to be on Medicare in the 
next 12 years, you need to think about how you will finance your health 
care after that period.
  And what is the President's plan or the Democrat congressional plan? 
Sorry, there is no plan.
  When asked, Mr. President, why no plan when the law requires you to 
have one? He said, and I paraphrase, that he would rather Republicans 
take the lead so he can demagogue ours. Never mind that ObamaCare takes 
one-half trillion dollars from Medicare to subsidize its crazy schemes.
  The Ryan budget plan that was passed here in this Chamber has the 
only credible plan to save Medicare. It ensures traditional Medicare 
coverage indefinitely if you're over 54 years of age. It provides for a 
choice among many private plans with premium support based on financial 
need for those who are under. It is time congressional Democrats and 
the President step up on this vital issue.

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