Bush Explains Medicare Drug Bill -- Verbatim Quote
Submitted on 2005-12-13 16:35:14

WOMAN IN AUDIENCE: 'I don't really understand. How is it the new plan 
going to fix the problem?'

Verbatim response (PRESIDENT BUSH):
'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 -- the benefits will rise based upon inflation, supposed 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.'


Thanks for clearing that one up,Mr. President!





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