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Thursday, January 29, 2004

Republicans can't handle money: this time on Medicare 

AP

President Bush's new budget projects the Medicare overhaul he just signed will be one-third more costly than estimated and this year's federal deficit will surge past a half trillion dollars for the first time, administration and congressional officials said Thursday.

But—but—I thought the benefits didn't kick in 'til 2005: after the election! Oh, wait, we're paying Big Pharma and the insurance companies this year; that must be what this is for. Hey, no problem! (Bush must need more compaign contributions really bad.)

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