S. 222Senate109th Congress (2005-2007)In Committee

Keep the Promise of Medicare Act of 2005

Introduced January 31, 2005

Legislative Activity

Stay on top of the latest movement without scrolling through every action

2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance.

January 31, 2005

View full timeline
SenateIntro Referral

Introduced in Senate

January 31, 2005

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S672-673)

January 31, 2005

SenateIntro Referral

Read twice and referred to the Committee on Finance.

January 31, 2005

Floor Debate

14 members

What members said about S. 222 on the floor

4 Republicans10 Democrats
Mary L. Landrieu
Sen. Mary L. LandrieuD-LA · Jan 31, 2005

Mr. President, today I rise, along with Senator Vitter, to introduce a bill to establish the Atchafalaya National Heritage Area in Louisiana. This legislation has particularly special meaning to…

Daniel K. Inouye
Sen. Daniel K. InouyeD-HI · Jan 31, 2005

Mr. President, I rise today to introduce a bill to reauthorize the Native Hawaiian Health Care Improvement Act. Senator Akaka joins me in sponsoring this measure. The Native Hawaiian Health Care…

Jeff Bingaman
Sen. Jeff BingamanD-NM · Jan 31, 2005

Mr. President, I rise today on behalf of myself and Senator Domenici to introduce legislation to allow a transfer of land to Rio Arriba County, NM from the Bureau of Land Management. The land is…

Richard G. Lugar
Sen. Richard G. LugarR-IN · Jan 31, 2005

Mr. President, I am re-introducing today a bill that was on the legislative calendar of the 108th Congress when it adjourned in December. The Stabilization and Reconstruction Civilian Management Act…

Tom Harkin
Sen. Tom HarkinD-IA · Jan 31, 2005

Mr. President, I am here to introduce legislation and to talk about an issue that my colleagues have heard me speak about on numerous occasions during the course of the past two years, frequently at…

Show 8 more
Hillary Rodham Clinton
Sen. Hillary Rodham ClintonD-NY · Jan 31, 2005

Mr. President, I rise today to introduce the calling for a 2-1-1 Act with my colleague Senator Elizabeth Dole. This bill will make an invaluable difference for the citizens of New York and the…

Max Baucus
Sen. Max BaucusD-MT · Jan 31, 2005

Mr. President, I am pleased to join my good friend Senator Grassley, the Chairman of the Senate Finance Committee, in introducing the National Employee Savings and Trust Equity Guarantee Act. Senator…

Edward M. Kennedy
Sen. Edward M. KennedyD-MA · Jan 31, 2005

Mr. President, I commend Senator Harkin for introducing the Overtime Rights Protection Act to restore overtime protections for the more than 6 million Americans denied overtime pay and denied the…

Chuck Grassley
Sen. Chuck GrassleyR-IA · Jan 31, 2005

Mr. President, I rise today along with my colleague, Senator Baucus, the Ranking Member of the Finance Committee, to re- introduce the National Employee Savings and Trust Equity Guarantee Act--or the…

Carl Levin
Sen. Carl LevinD-MI · Jan 31, 2005

Mr. President, my colleagues Senators DeWine and Voinovich of Ohio, Senator Stabenow of Michigan, and I are pleased to introduce the Great Lakes Water Quality Indicators and Monitoring Act. The bill…

Craig Thomas
Sen. Craig ThomasR-WY · Jan 31, 2005

Mr. President, I rise today to introduce the ``Soda Ash Royalty Reduction Act of 2005,'' a bill to limit the Federal royalty on soda ash. This legislation, if passed, will put people back to work in…

Debbie Stabenow
Sen. Debbie StabenowD-MI · Jan 31, 2005

Mr. President, today I am introducing the ``Keep the Promise of Medicare Act'' of 2005, and am pleased to be joined by my colleagues Senators Kennedy, Boxer, Lautenberg, Rockefeller, Dayton, and…

Debbie Stabenow
Sen. Debbie StabenowD-MI · Jan 31, 2005

Mr. President, today I am introducing the ``Keep the Promise of Medicare Act'' of 2005, and am pleased to be joined by my colleagues Senators Kennedy, Boxer, Lautenberg, Rockefeller, Dayton, and…

Show 2 more
Pete V. Domenici
Sen. Pete V. DomeniciR-NM · Jan 31, 2005

Mr. President, in 2000 Congress established the Valles Caldera National Preserve, which is composed of approximately 89,000 acres of spectacular land in northern New Mexico. The Preserve was created…

Maria Cantwell
Sen. Maria CantwellD-WA · Jan 31, 2005

Mr. President, today I am introducing the ``Ice Age Floods National Geologic Trail Designation Act of 2005''. I am thankful that Senator Larry Craig of Idaho will again be the lead Republican…

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in SenateIssued January 31, 2005

II

109th CONGRESS

1st Session

S. 222

IN THE SENATE OF THE UNITED STATES

January 31, 2005

Ms. Stabenow (for herself, Mr. Kennedy, Mrs. Boxer, Mr. Lautenberg, Mr. Rockefeller, Mr. Dayton, and Mr. Corzine) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend title XVIII of the Social Security Act to stabilize the amount of the medicare part B premium.

1.

Short title

This Act may be cited as the Keep the Promise of Medicare Act of 2005.

2.

Stabilization of medicare part B premium

(a)

Findings

The Senate finds the following:

(1)

The 2005 Medicare part B premium is 17.5 percent higher than the 2004 Medicare part B premium.

(2)

Medicare part B premiums have increased nearly 45 percent over the last 4 years.

(3)

The increase in the 2005 Medicare part B premium is the largest dollar increase in Medicare’s history and the largest percentage increase in more than a decade.

(4)

The increase in the 2005 Medicare part B premium increases annual costs for each Medicare beneficiary by almost $140.

(5)

The 2005 Social Security COLA increased only 2.7 percent.

(6)

An average retiree with a Social Security benefit of $914 will spend 47 percent of his or her 2005 Social Security COLA on the increase in the 2005 Medicare part B premium.

(7)

2,100,000 Medicare beneficiaries nationwide have had their entire 2005 Social Security COLA consumed by the increase in the 2005 Medicare part B premium.

(8)

Almost 13,000,000 Medicare beneficiaries will have over 50 percent of their 2005 Social Security COLA consumed by the increase in the 2005 Medicare part B premium.

(9)

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 directly contributed to the increase in the 2005 Medicare part B premium by including provisions to privatize the Medicare program, making the program less efficient.

(10)

The Medicare expenses that beneficiaries must pay will increase from 37 percent of a beneficiary's Social Security check in 2006 to nearly 50 percent in 2021.

(b)

Sense of the Senate

It is the sense of the Senate that Congress should enact legislation to protect Medicare beneficiaries from dramatic increases in the Medicare part B premium.

(c)

Stabilization

Section 1839(a)(3) of the Social Security Act (42 U.S.C. 1395r(a)(3)) is amended by adding at the end the following new sentence: Notwithstanding the preceding sentences, the monthly premium rate determined under this paragraph for each month in 2005 may not exceed an amount equal to the monthly premium rate determined under this paragraph for each month in 2004 adjusted by the percentage change in the average Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI–W) for the third quarter of 2003 to the third quarter of 2004..