Wednesday, January 25, 2006

Another Presidential Quote

George W. Bush explains Medicare Part D :

"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 uh, --the
benefits will rise based upon inflation, supposed, uh, as opposed 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."

Is that all clear now, Seniors ?


Blogger Floyd said...

This Jim is that Medicare or the administration is not telling us the truth,I am getting ready to put a post together myself and link to you.

9:21 PM  
Blogger Neil Shakespeare said...

Clear as blood.

10:23 PM  

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