[Congressional Record Volume 158, Number 50 (Tuesday, March 27, 2012)]
[House]
[Page H1584]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REPUBLICAN BUDGET: ASSAULT ON MEDICARE AND MIDDLE CLASS
(Ms. KAPTUR asked and was given permission to address the House for 1
minute.)
Ms. KAPTUR. Madam Speaker, once again, Republicans in the House have
put forward a budget that ends Medicare as we know it. This is an all-
out Republican assault on Medicare and our Nation's middle class.
Who benefits from this Republican budget? Millionaires certainly do.
Think Wall Street Bonus Boys. This Republican budget would give them an
additional tax cut of $187,000--that's for starters--yet lower and
middle class Americans, people making $20,000 to $30,000 a year, they
get no tax cut at all.
This Republican budget also gives away $3 trillion in tax cuts and
benefits to corporations. Republicans' real priorities: cutting the
safety net, giving the superrich a handout, and ignoring the damage to
the deficit.
The Republicans would end the promise of Medicare for both current
and future beneficiaries by shifting the program to private insurance
financed by vouchers. The nonpartisan Congressional Budget Office says
that the Republican budget would reduce benefits to seniors and force
many to spend much more than they do today.
Why are the Republicans so intent on making seniors sacrifice first?
Why not claw back Wall Street's bonuses?
I urge my colleagues to vote against the Republican budget. Support
the Democratic alternative. Protect seniors and our middle class.
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