Tuesday, January 24, 2006

PRESIDENT BUSH EXPLAINS MEDICARE DRUG BILL

> Subject: Medicare drug bill explained by the President
>
> Bush Explains Medicare Drug Bill -- Verbatim Quote
> Submitted on 2005-12-13 16:35:14
> WOMAN IN AUDIENCE: 'I don't really understand. How is it
> the new plan going to fix the problem?'
> Verbatim response: PRESIDENT BUSH:
>
> 'Because the -- all which is on the table begins to address
> the big cost drivers. For example, how benefits are
> calculated, for example, is on the table. Whether or not
> benefits rise based upon wage increases or price increases.
> There's a series of parts of the formula that are being
> considered. And when you couple that, those different cost
> drivers, affecting those -- changing those with personal
> accounts, the idea is to get what has been promised more
> likely to be -- or closer delivered to that has been
> promised. Does that make any sense to you? It's kind of
> muddled. Look, there's a series of things that cause the --
> like, for example, benefits are calculated based upon the
> increase of wages, as opposed to the increase of prices.
> Some have suggested that we calculate -- the benefits will
> rise based upon inflation, supposed to wage increases.
> There is a reform that would help solve the red if that
> were put into effect. In other words, how fast benefits
> grow, how fast the promised benefits grow, if those -- if
> that growth is affected, it will help on the red.'

Forward this to others -- so they, too, can understand.

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