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  • Conservative Group Laments 'Costly Medicare Entitlement'

    02/11/2005 5:35:02 PM PST · by Tolerance Sucks Rocks · 10 replies · 336+ views
    GOPUSA ^ | February 11, 2005 | Bobby Eberle
    (Talon News) -- The conservative Heritage Foundation released a memo on Thursday which highlights the "stunning" $720 billion cost of the Medicare prescription drug benefit over the period from 2006 through 2015. A consistent critic of the president's prescription drug plan, the Heritage Foundation, through the memo's author Robert Moffit, Ph.D., calls the drug entitlement "a costly mistake that needs to be repealed or drastically revamped." Moffit begins his analysis by first defending the Bush administration and blasting Members of Congress for expressing "shock" at the so-called "rise" in the estimate of the costs of the prescription drug benefit. "On...