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January 30, 2004

Medicare Bill Projected Costs Up

Instead of $400 billion, the Medicare Drug bill is projected to cost $520 billion over ten years.

Which is a wonderful opportunity for progressives who want to fix the bill.

Now that the money and benefits are locked in, what progressives see wrong with the bill will actually save the government money if fixed. Primarily, we need to start a drumbeat calling for cutting the subsidies to private HMOs and allow the government to negotiate to cut prescription drug costs-- exactly what the Canadian government does which cuts their drug prices for their citizens.

Let repeat-- Republicans are the Party of Big Spending-- on corporate special interests.

Posted by Nathan at January 30, 2004 10:57 AM