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| Tax Cuts & Drug Benefit will Cost at Least Five Times as Much as Projected Social Security Shortfall Center on Budget and Policy Priorities  [Opinion] Jan. 5, 2005 Excerpt: In a statement at his press conference December 20, President Bush said his Administration had already begun tackling the long-term budgetary costs of Medicare, with the enactment of the Medicare prescription drug bill. The drug bill, the President implied, would ultimately reduce Medicare costs. The President's comments were made in response to a question as to why he was taking on Social Security now and not Medicare, when the budgetary pressures from Medicare will be far[.] |
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