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House Proceeding on Feb 4th, 2010 :: 2:30:35 to 2:33:15
Total video length: 5 hours 24 minutes Stream Tools: Stream Overview | Edit Time

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James P. McGovern

2:30:34 to 2:30:54( Edit History Discussion )

James P. McGovern: t of time remaining, i would ask that he engage his speakers and his time as we -- to get us even. mr. mcgovern: may i inquire how much time is remaing on both sides? the speaker pro tempore: the gentleman from texas controls three minutes and the gentleman from massachusetts controls nine

James P. McGovern

2:30:35 to 2:33:15( Edit History Discussion )
Speech By: James P. McGovern

James P. McGovern

2:30:55 to 2:31:15( Edit History Discussion )

James P. McGovern: minutes. mr. mcgovern: ok. i yield myself two minutes, madam speaker. the speaker pro tempore: the gentleman is recognized. mr. mcgovern: madam speaker, we don't need any lectures from the republicans on fiscal discipline. we did it. and we're going to do it again and the president and the leadership here in this house has outlined how we're going to

James P. McGovern

2:31:16 to 2:31:37( Edit History Discussion )

James P. McGovern: do it. but i want to point outer that my colleagues on the other side don't -- point out that my colleagues on the other side don't like statutory pay-go, they don't want to pay for tax cuts for rich people because they have a different plan and their plan is to reprise the bush era proposal to privatize medicare and social security.

James P. McGovern

2:31:38 to 2:31:58( Edit History Discussion )

James P. McGovern: and the budget committeehe other day, the ranking republican introduced his plan, which makes it very clear, he wants to privatize social security and medicare. "washington post" writes that this proposal would take medicare from costing an expected 14.3% of g.d.p. in 2080

James P. McGovern

2:31:59 to 2:32:19( Edit History Discussion )

James P. McGovern: to less than 4%. that's trillions of dollars not going health care for seniors. the you a daft is breathtaking. the congress -- the audacity is breathtaking. the congressional budt office said new enrollees would no longer receive coverage but be give an voucher with which to

James P. McGovern

2:32:20 to 2:32:42( Edit History Discussion )

James P. McGovern: purchase private health insurance. c.b.o. says traditional benefits would be reduced below those scheduled on the current law from any workers aged 55 or younger in 2011. peter orszag says the proposal takes the medicare program and for those 55 d below turns it into a voucher program.

James P. McGovern

2:32:43 to 2:33:04( Edit History Discussion )

James P. McGovern: and that it introduces individual accounts privatizing social security. madam speaker, we have some challenges before us, but i would like to think that we can all agree that balancing the budget by letting medicare wither on the vine and privatizing social security and destroying two of the most important social programs in the history of the country is not the way to go.

James P. McGovern

2:33:05 to 2:33:16( Edit History Discussion )

James P. McGovern: and so that's the choice. we either -- i yield myself an additional 0 seconds. the speaker pro tempore: the gentleman is recognized. mr. mcgovern: we either do what's fiscally responsible and

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