PRESCRIPTION DRUGS….South Knox Bubba writes about the prescription drug plan now before Congress:
For those of you keeping score at home, there are 29,358 words in 1124 paragraphs dealing with the prescription drug benefit. There are 71,545 words in 3894 paragraphs dealing with “other” provisions. It would appear there’s a lot more going on here than just a prescription drug benefit.
Overall, he doesn’t seem very impressed.
For another interesting view, Fred Barnes takes a look at Teddy Kennedy’s role in all this in the Weekly Standard. He says that Bush thinks 48% of Medicare recipients will jump to private plans under the bill, while Kennedy believes the CBO number of 12%. In Kennedy’s mind, that makes it a gamble worth taking and provides a foot in the door that can be improved over time.