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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (539373)	12/29/2009 2:41:52 PM
From: i-node	Read Replies (2) of 1574683

Note the paragraph here that says that the 10-year cost projection is fully a half trillion below estimates from 3 years ago. usnews.com According to the Centers for Medicare and Medicaid Services (CMS), the total costs for the Medicare Part D prescription drug program based on actuary estimates will be $37.2 billion in 2008 and $46.4 billion in 2009. When the drug benefit was being debated in Congress, however, the actuary estimated the benefit would cost $68 billion in 2008 and $74 billion in 2009. Based on these estimates, Medicare Part D is currently operating at 37-45% under initial projections. drugtrendstoday.com The problem with the legislation is it was a camel's nose. Once the door was opened, we're 4 years into it and the Democrats are already killing the success by closing the donut hole. They can't leave well enough alone. Right, it doesn't totally relieve seniors of paying ALL drug costs, but it works and it is fiscally responsible. If conservatives take anything away from this experience, it should be that you can never, ever give the liberals an opening like this. Don't even TRY to implement a social program, even if done responsibly. Because within 5 years, the liberals will grab it and corrupt it and destroy what's good about it.

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