Pelosi: Congress Must Reopen Medicare Drug Bill to Hold Down Costs and Give Seniors the True Benefits They Deserve

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WASHINGTON, Feb. 9 /U.S. Newswire/ -- House Democratic Leader Nancy Pelosi released the following statement today on the White House's newest budget figures, which revealed that the Republican Medicare prescription drug law will cost $1.2 trillion over the next decade:

"An ethical cloud has hung over the Republican Medicare law since it was passed in the dark of night more than a year ago. The Bush Administration misrepresented to the Congress and the American people the true cost of the bill, which we now find out will cost a staggering $1.2 trillion. That is three times more than the Administration claimed when Congress voted on it.

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Pelosi: Congress Must Reopen Medicare Drug Bill to Hold Down Costs and Give Seniors the True Benefits They Deserve

"For that price, seniors should have ...

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