Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (498635)	11/25/2003 4:28:49 PM
From: steve dietrich	Respond to of 769667

That's why the chicken shits are phasing the changes in, in the future instead of immediately. Hoping the political damages will be minimized that way.

To: Kenneth E. Phillipps who wrote (498635)	11/25/2003 4:52:48 PM
From: Bob	Respond to of 769667

bucbucbucBUCbucbucbucBUCbucbucbucBUCbucbucbucBUCbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucbucBUCBUCBUCbucbucbucbucbucbucbucbucbucbuc

To: Kenneth E. Phillipps who wrote (498635)	11/25/2003 7:16:58 PM
From: Thomas A Watson	Read Replies (1) \| Respond to of 769667

Senate Passes Bipartisan Medicare Reform to Provide Seniors with Prescription Drug Benefits In a 54-44 vote this morning, the Senate passed bipartisan legislation to modernize Medicare and add to the program new prescription drug benefits for America's seniors. The House passed the measure on Saturday and the bill will now go to President Bush to be signed into law. Medicare reform has been one of the President's top priorities and as he remarked last night, "Modernizing Medicare will make the system better and will enable us to say to millions of seniors, we've kept our promise to America's seniors." Congress this morning passed historic legislation that promises 40 million Americans on Medicare the first federal help in paying for prescription drugs and opens the program to powerful new market forces. The Senate's final vote culminated a six-year quest on Capitol Hill to redefine the 1960s social program and embraced changes in health care for all Americans that conservatives have long sought. The drug benefits, to start in three years, are the most popular and expensive element of the plan, which is predicted to cost $400 billion over its first decade. The bill also would fundamentally change the way Medicare works and lead to smaller but still-controversial revisions in the health care system for people of all ages. It would create new competition for Medicare patients from private health plans, increase federal payments to doctors and hospitals and end the tradition of charging everyone in the program the same fees for the same services. Other parts of the measure would create new tax breaks for Americans who open special savings accounts for medical expenses. The legislation also takes steps to make low-cost generic medicine more readily available ... "Today is a fateful day, a red-letter day for seniors," said Senate Majority Leader Bill Frist (R-Tenn.) moments before the vote. "It's been a long time coming, but it's finally here: the prescription drug coverage they need, and the Medicare choices they deserve." georgewbush.com