the Sugar Conspiracy

Friday, January 30, 2004

Bait and Switch

The Bush administration said on Thursday that the new Medicare law offering prescription drug benefits and private health plans to the elderly would cost at least $530 billion over 10 years, or one-third more than the price tag used when Congress passed the legislation two months ago.

Conservative Republicans said the new estimate confirmed their worst fears, while Democrats said it vindicated their view that the law gave far too much money to drug manufacturers and insurance companies. The bill passed narrowly in the House after Republican leaders gave assurances that the cost would not exceed $400 billion.

Just like always. Say whatever's necessary to get the bill passed and then come out with the truth once it's too late.

posted by chris at 1:41 PM
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