Medicare drug bill: An impending disaster

With the support of the Bush administration, or at least with its acquiescence, Congress appears on course to enact a huge new entitlement aimed at middle-income Americans. President Bush likely will sign whatever bill emerges. As Nancy-Ann DeParle, a Medicare administrator for President Clinton, puts it, "In signing it, as he will surely be forced to do, he will preside over the biggest expansion of government health benefits since the Great Society."
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