Ever look through your closet and ask, "What the heck was I
thinking?"
You know what we're talking about: The pricey shoes you would die
for a month ago but now wouldn't be caught dead in. Or that
10-gallon cowboy hat that looked great in San Antonio, but silly in
your hometown of Philly.
This is called "buyer's remorse," and Washington lawmakers are
having it with a Medicare prescription drug entitlement they voted
for last fall. Many Republicans disliked the measure, but voted for
it anyway because they were told it would win them more senior
citizen votes in 2004 and cost "just" $400 billion over 10 years.
But a recent Washington Post/ABC poll found that 53 percent of
those surveyed said they trusted congressional Democrats to do a
better job with Medicare. And new estimates put the bill's cost at
$534 billion-maybe higher.
What the heck were lawmakers thinking? Who knows? Here's what
Heritage Foundation experts were thinking when Congress was
preparing to vote for this bill:
Time to Rethink the
Disastrous Medicare Legislation (Nov. 17, 2003)
For more information or to receive an e-mail version of "Bitter
Pills," contact [email protected] or call Heritage Media
Services at (202) 675-1761.
"Bitter Pills" is an occasional, but regular, feature from The
Heritage Foundation on how the 2003 Medicare drug law is full of
sickening "surprises" that have serious consequences for seniors
and taxpayers. Of course, The Heritage Foundation isn't surprised
at all. We diagnosed the problems long ago in our Medicare Maladies series. Both
Medicare Maladies and Bitter Pills are available on heritage.org
(if you can stomach them).
Report Health Care Reform
Bitter Pills #2: Presenting A Lesson In Buyer's Remorse -- D.C. Style
March 30, 2004 1 min read
The Heritage Foundation
Authors
The Heritage Foundation
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