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Wednesday, February 09, 2005

People Trust These Bozos?

NYTimes:

The Bush administration offered a new estimate of the cost of the Medicare drug benefit on Tuesday, saying it would cost $720 billion in the next 10 years.

That is much more than the $400 billion  Congress assumed when it passed legislation creating the benefit in late 2003.

But administration officials said the numbers were not comparable. The original estimate was for the years 2004 to 2013. The new estimate covers the period from 2006, when the drug benefit becomes available, to 2015.

The higher figure, which provides the first glimpse of the true cost of the drug benefit, could touch off a political uproar in Congress, where conservative Republicans were already expressing alarm about the costs of Medicare, including the drug benefit.

But I'm sure their estimates about Social Security "reform" are spot on.

Somehow BushCo reminds me of somebody with a gambling habit.  "C'mon, spot me a C-note.  I got a system that CAN'T FAIL!  I just need a hot streak and I'm back in black.  This time I mean it."

And speaking of drugs, I'd better go get some.  Oy.

ntodd

February 9, 2005 | Permalink

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Comments

Hope you feel better soon.

Posted by: Sarah | Feb 9, 2005 1:29:59 PM

Just a little more patience. I'm sure that this time it'll work. The U.S. economic growth will suddenly double, the Iraqi "insurgents" will suddenly all join the Quakers, and Dohiyi Mir will get a job as an advocate for the administration.

Posted by: Karlo | Feb 9, 2005 3:45:13 PM

Sarah - thanks. Me, too. But I hear this one doesn't go away quickly.

Karlo - how much longer do I have to wait? I'd really like that gig now...

Posted by: NTodd | Feb 9, 2005 5:03:41 PM

Drink lots of fluids, Ntodd! Also, will you marry me? ;)

Posted by: Diana | Feb 9, 2005 8:34:18 PM

Diana - I've drunk about as much liquid as Thor did from the forfeit-horn.

As for your question, I'll need to check with my wife first. [Finally, somebody proposed to me! Whoohoo!] ;-)

Posted by: NTodd | Feb 9, 2005 9:05:26 PM

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