June 12, 1996 - Issue: Vol. 142, No. 86 — Daily Edition104th Congress (1995 - 1996) - 2nd Session
MEDICARE TOO IMPORTANT TO BE TREATED LIKE AN UGLY STEPCHILD; Congressional Record Vol. 142, No. 86
(House of Representatives - June 12, 1996)
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[Page H6189] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] MEDICARE TOO IMPORTANT TO BE TREATED LIKE AN UGLY STEPCHILD (Ms. McKINNEY asked and was given permission to address the House for 1 minute and to revise and extend her remarks.) Ms. McKINNEY. Mr. Speaker, tampering with Medicare not only impacts our seniors, it also affects our entire health care system. When we boast about having the greatest health care system in the world, it is due in no small measure to the research and financial infrastructure that Medicare provides. For this reason, Mr. Speaker, any reductions in Medicare should be carefully considered and put back into the system, not used to pay for tax cuts and star wars. Desperate, however, to provide tax breaks to their wealthy campaign contributors, Republican leaders have cooked up a plan to cut $168 billion from Medicare, although only $90 billion is needed to extend the Medicare trust fund. The GOP insists on cutting an extra $78 billion that will eventually end up in the pockets of junk-bond dealers, corporate CEO's and insurance companies. Mr. Speaker, Medicare is too important to be treated like an ugly stepchild by Uncle Newt. ____________________