[Congressional Record (Bound Edition), Volume 157 (2011), Part 6]
[House]
[Page 8266]
[From the U.S. Government Publishing Office, www.gpo.gov]




     JUST THE FACTS: REPUBLICANS WANT TO END MEDICARE AS WE KNOW IT

  (Ms. SPEIER asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. SPEIER. Mr. Speaker, you know, we have all heard the jokes about 
how many people does it take to screw in a lightbulb? Well, I have a 
variation on that this morning.
  How many seniors have to lose their Medicare in order to provide a 
$104,000 tax cut per year for every millionaire? The answer is 17.
  Seventeen seniors will see a reduction in their Medicare or an 
additional cost of $6,000 a year in order to pay for the millionaire 
tax cut of $104,000.
  Mr. Speaker, even The Wall Street Journal, the conservative Wall 
Street Journal, has said the House Republican plan will likely result 
in higher out-of-pocket costs and greater limits to coverage for all 
Americans.
  House Budget Committee Chairman Paul Ryan's solution is to end the 
current Medicare program for people.

                          ____________________