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Bush defends hugely expensive drug benefit

Reuters:

President George W. Bush defended the Medicare prescription drug program on Saturday as a money-saving benefit for seniors, despite a barrage of criticism over the plan’s troubled roll-out.

Well, it may be a money-saving benefit for seniors (and wildly giddy news for the pharmaceutical industry). But at $1.2 trillion — umm, hmm, that’s trillion with a t — it’s the rape of the American taxpayer.

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