To: Peach
$70 billion will be paid to companies currently providing retiree prescription benefits in order to encourage them NOT to drop their existing coverage.
I haven't gone back and re-read the legislation, but IIRC, the figure is closer to $140 billion handout to insurance companies. At least that was pre-budget that now says the initial bill will actually be about 1/3 higher than estimated in December when the bill was being debated and voted on.
4 posted on
02/04/2004 6:05:13 AM PST by
TomGuy
To: TomGuy
That higher number is probably correct.
6 posted on
02/04/2004 6:38:43 AM PST by
Peach
(The Clintons have pardoned more terrorists than they ever captured or killed.)
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