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Dem Senator: "Cut, Cap, And Balance" Is "Cut, Cap And Kill Medicare"

"Now, Mr. President (of the Senate), they call this plan Cut, Cap, and Balance. They should have called it Cut, Cap, and Kill Medicare, because that's really what this plan would do. It would cut, cap, and kill medicare. Why do i say that? Well, if we look at the House budget proposal that underlies this plan, we see what happens under traditional Medicare. Under Medicare now, the beneficiary pays 25% of their expenses. Under the Republican budget plan that underlies the amendment that's come before us, Medicare beneficiaries would pay 68% of the expenses of their health care," Sen. Kent Conrad (D-ND) said on the Senate floor Thursday morning.

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