Older Americans & Seniors
But though Hoyer called for compromise, he minced no words calling out Republicans for their refusal to support using increases in tax revenue, achieved by tax reform, to help close the deficit gap. He suggested that Republicans still believe that tax cuts are ‘a fiscal and economic cure-all,’ despite the economic growth experienced under higher tax rates during the Clinton administration and the assertions of economists that the Bush administration’s tax policy is a major driver of the national debt.
If the United States fails to pay the bills it has incurred, it ‘would be a financial disaster not only for our country, but for the world economy.’ Those are the words of Speaker Boehner in January...
Budgets are about values and priorities – and the Republican budget makes the wrong choices, financing tax breaks for the wealthiest Americans on the backs of seniors and the disabled.
"In recent days, we have seen starkly contrasting budget plans. The plans put forward by President Obama and House Democrats are balanced approaches to getting our country out of debt while protecting investments in job creation and the future of our economy. But the Republican plan has a higher priority than balancing the budget or investing in our future or looking out for working families—its highest priority is cutting taxes even further for the wealthiest Americans...
Well, I thought the President's speech was an excellent speech and what he essentially outlined was the vision that he sees going forward. First of all, he recognized that the deficit is a critical problem we must confront but we must confront it according to the President, and I agree with him, within the framework of the values that we hold dear in this country. And that is, as your previous discussion indicated, making sure that we take care of one another. He did contrast his vision with that of the Republican budget offered by Mr. Ryan, the Budget Chairman in the House, a vision which gets to the same objective of cutting $4 trillion in spending and getting toward balanced budgets but also indicated it should not be in the context of doing away with Medicare as we know it, substantially putting those on Medicaid at great risk by eliminating its guarantees, by cutting such programs as Head Start and other early education and investment in the education of our children so we will be competitive internationally; and at the same time, giving $1 trillion worth of tax cuts to the wealthiest in Americaa.
Today, President Obama outlined a fiscally-responsible plan that would reduce our deficit by $4 trillion over the next 12 years. It subjects our entire budget, including defense spending, to the scrutiny we need to find savings. And it calls for a fairer, simpler tax code that would mean lower rates for businesses and families.
This week, the House will consider the Republican budget proposal for fiscal year 2012. Budgets are about choices, and the Republican budget makes the wrong ones. Democrats believe we can reduce the deficit while also protecting investments that grow the economy and create jobs. It’s not a question of whether we should reduce the deficit, but how we reduce it. The Republican budget proposes we balance the budget on the backs of the working families and seniors by cutting important investments in our future, ending Medicare as we know it and dismantling Medicaid.
Republicans had a clear opportunity to live up to their promises of a fair and open process in the 112th Congress with the consideration of their Patient’s Rights Repeal Bill. By all accounts the broke that promise, refusing to allow any Democratic amendments and bringing it straight to the Floor without committee consideration. With virtually no discussion of the consequences, Republicans are bringing to a vote a bill that takes away the new freedoms that Americans have in their health care and takes us back to the days where insurance companies can deny care if you have a pre-existing condition, cancel coverage when you get sick and arbitrarily limit the amount of care you receive.
I am pleased that today the House passed a year-long extension of the current Medicare physician payment rates and will now send the bill to the President’s desk for his signature. While this legislation will provide seniors with the security of continued access to the physician of their choice and our physicians with at least one full year of SGR relief, this remains a long-term problem that requires a permanent solution. It is my hope that we will revisit this problem in the coming months and that Republicans will join our efforts to secure a long-term solution.
I am pleased that today the House passed a one-month extension of the current Medicare physician payment rates and will now send the bill to the President’s desk for his signature.