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Cost of Medicare prescription-drug law skyrockets by $134 billion just two months after Bush signs into law.(Brief Article)

National Review

| February 23, 2004 | COPYRIGHT 2004 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

* Cost of Medicare prescription-drug law skyrockets by $134 billion just two months after Bush signs into law.... Bush: "Congress is now going to have to work with us to make sure that we set priorities and are fiscally wise with the taxpayers' money." ... Sen. Trent Lott (R., Miss.) on drug bill, in New York Times: "The bad news is I don't think this is going to be the end of it. I think it's going to be more." ... CBO forecasts $477 billion deficit for 2004, up from actual deficit of $375 billion last year....Sen. Don Nickles (R., Okla.), in Washington Post: "Congress must show fiscal discipline moving forward. The deficit projection for this year is ...

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