News Headlines Article

More bad medicine for Medicare
Orange County Register

The latest fiscal cliff plan from President Obama promised $400 billion in entitlement savings. A Washington Post analysis of the likely composition of those “savings” showed that nearly half of those cuts would come from requiring prescription drug rebates in Medicare. That would be a huge mistake for the country’s fiscal and physical health. Americans are living longer lives, and the additional years of retirement are putting a strain on Social Security and Medicare.