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To: TLBSHOW
Medicare Drug Coverage and the Cost of Irresponsibility
"When your wages are falling, your rent is rising and the car's in the shop, you know it's time to get control of the family budget. Congress and the president got the news last week that the federal deficit will reach a record $400 billion this year. So they wasted no time agreeing on what to do: spend more money.

If these people had been with Custer at Little Bighorn, they would have invited more Indians.

Washington politicians often resemble Oscar Wilde, who said he could resist anything except temptation. As the fiscal picture gets more and more terrifying, our leaders have gotten more and more profligate. The latest exercise in irresponsibility is the push to provide Medicare recipients with coverage for prescription drugs, a desirable benefit that no one has figured out how to pay for.

...Instead of scouring the budget for every possible way to conserve cash, though, the administration and Congress are holding a contest to see who can throw away the most money in the shortest time. Federal spending has ballooned by 20 percent in the last three years alone.

...The prescription drug benefit approved by the Senate Finance Committee Thursday, the biggest enlargement of Medicare since its creation in 1965, would cost an estimated $400 billion over the next decade. Republican Sen. Don Nickles of Oklahoma, chairman of the Budget Committee, predicts it may be double that amount.

...A lot of Republicans tell us the deficit is useful because it forces our leaders to do something about excess spending. Judging from this bill, our leaders have figured out exactly what to do: enjoy it."


What Tax Cut? You're Paying More

Republican governors mimic democrats (Spare us, might as well vote for the real thing)Cal Thomas

Bush budget contains $10 in new spending for every dollar in tax cuts

BUSH COMPROMISES ON TAX CUT


SOCIALISM: The Forbidden Ideology

The New Share Croppers

90 posted on 06/15/2003 1:49:16 PM PDT by Uncle Bill
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To: TLBSHOW
A MAJOR MEDICARE EXPANSION - Congress takes up prescription-drug benefits in what may be the biggest enlargement of social services in years

Socialists Unite!

91 posted on 06/15/2003 2:09:57 PM PDT by Uncle Bill
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