Today, Congressman Ed Perlmutter (CO-07) commended the bipartisan majority of the U.S. Senate for rejecting the House Republicans' 2012 spending plan to end Medicare by privatizing and shifting the cost of the health insurance to seniors, while extending tax cuts for the wealthiest billionaires and millionaires."We know Medicare did not cause our financial pickle," said Perlmutter. "Ten years ago we had surpluses, and revenues exceeded expenses. However, prosecuting two wars without paying for them, giving unpaid for tax cuts to the wealthiest billionaires and millionaires, and letting Wall Street run wild with our savings, cost our country more than $4 trillion. The United States pays its bills, and together we will work hard to find responsible ways to balance our budget and reduce our deficit. We will not do this on the backs of our senior citizens who are living healthier, longer lives under the Medicare program that is working. I commend Colorado 's Sens. Mark Udall and Michael Bennet for standing with their Democratic and Republican colleagues in upholding a four-decade promise we have kept to our senior citizens."
