President Obama has signed a new law intended to prevent Medicare beneficiaries from spending days in a hospital only to find...Read more
Were Bush Officials Untruthful About Medicare Law's Costs?
- February 2nd, 2004
A furor has erupted over the recent revelation by the Bush administration that the new Medicare prescription drug law will cost $134 billion more than the approximately $400 billion assumed when the legislation was passed and signed. The new White House estimate of $534 billion is drawing escalating complaints from both Democrats and conservative Republicans who had opposed the law.
"The question is what did they know and when did they know it?" said Rep. Fortney "Pete" Stark (D-CA).
The Washington Post reports that Bush administration officials had indications for months that the new Medicare law might cost considerably more than they were telling Congress, according to internal documents and sources familiar with the issue.
Among a small group of lawmakers who negotiated the bill's final version, "it was an open secret" that administration officials believed "there is no way this is $400 billion," one Washington Post source said.
"The Bush administration owes Congress and the American people an explanation about why it took them so long to reveal their cost estimates -- and how much of the total is the result of lavish overpayments to HMOs and big profits for drug companies," said Senate Minority Leader Tom Daschle (D-SD).
Meanwhile, a leading House Democrat has called on Speaker J. Dennis Hastert to launch an ethics investigation into accusations that a Republican lawmaker was bribed to vote in favor of the Medicare legislation, which narrowly passed the House. Rep. Steny H. Hoyer (D-MD), the Democratic whip, warned that Democrats will conduct their own inquiry if the House leader does not act.
Following last November's vote on the new Medicare drug plan, Rep. Nick Smith (R-MI) said groups and lawmakers had offered support for his son's Congressional campaign if Mr. Smith backed the measure. Smith refused.
For a New York Times article on the bribery investigation, go to: http://www.nytimes.com/2004/02/02/politics/02ETHI.html
For the Washington Post article on the Bush administration's underestimate of the Medicare law's costs, go to: http://www.washingtonpost.com/wp-dyn/articles/A64627-2004Jan30.html
For an editorial on the new Medicare law in the Des Moines Register, go to: http://desmoinesregister.com/opinion/stories/c2125555/23362064.html
Local Elder Law Attorneys in Ashburn, VA
Hammond and Associates, LLC, Elder Law, Estate Planning, Wills, Trusts, Probate
For Jeffrey Hammond, the practice of Elder Law is personal. Jeff’s many years of experience in law and in business did not prepare him for the crisis he faced in 2005 and 2006 when his father suffered a stroke and both of his parents suffered from dementia and other medical problems. At that time, Jeff began an i...
Hale Ball Carlson Baumgartner Murphy PLC
Jean Galloway Ball is certified in Elder Law by the National Elder Law Foundation. She is a 1977 honors graduate of the National Law Center, George Washington University, and she did her undergraduate work at the University of California at Berkeley, graduating Phi Beta Kappa in 1971. She is admitted to practice in Vir...
Needham Mitnick & Pollack, PLC
Judith Mtinick is well known for acting as a guardian, conservator, trustee or agent on behalf of clients or by court appointment. This experience gives her a wide perspective and extensive practical knowledge that she uses when advising clients in drafting their planning documents. Her experience, as a court appointed...