Medicare 140,000,000,000 underestimate



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Topic: Politics > Politics-USA
User: "InsuranceBroker"
Date: 29 Jan 2004 12:55:45 PM
Object: Medicare 140,000,000,000 underestimate
Today the President Bush admited that he made a $140,000,000,000 mistake on his
recently passed medicare bill.
from yahoo:
WASHINGTON - President Bush (news - web sites)'s new budget will project that
the just-enacted prescription drug program and Medicare overhaul will cost
one-third more than previously estimated and will predict a deficit exceeding
$500 billion for this year, congressional aides said Thursday.
Instead of a $400 billion 10-year price tag, Bush's 2005 budget will estimate
the Medicare bill's cost at about $540 billion, said aides who spoke on
condition of anonymity. Bush will submit on Monday a federal budget for the
fiscal year 2005, which starts next Oct. 1
Doing Insurance business in the Garden State
.

User: "Daniella"

Title: Re: Medicare 140,000,000,000 underestimate 29 Jan 2004 12:59:57 PM
"InsuranceBroker" <insurancenj@aol.com> wrote in message
news:20040129135545.11350.00000909@mb-m05.aol.com...

Today the President Bush admited that he made a $140,000,000,000 mistake

on his

recently passed medicare bill.
from yahoo:
WASHINGTON - President Bush (news - web sites)'s new budget will project

that

the just-enacted prescription drug program and Medicare overhaul will cost
one-third more than previously estimated and will predict a deficit

exceeding

$500 billion for this year, congressional aides said Thursday.
Instead of a $400 billion 10-year price tag, Bush's 2005 budget will

estimate

the Medicare bill's cost at about $540 billion, said aides who spoke on
condition of anonymity.

Can you tell us how much the Democrats WANTED to spend on the prescription
drug program? As you may recall, the Democrats have been demanding Medicare
overhaul and a prescription drug program for years now. Presumably the
Democrats had a dollar value in mind? Can you tell us what that amount was?
Thanks.
.


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