Dems postion: Allow government to negotiate bulk discounts for medicare drugs.
GOP postion: Our medicare legislation is working so well, why mess with success?
Bush renews vow to veto Medicare bill
By KEVIN FREKING, Associated Press Writer
WASHINGTON - President Bush renewed his veto threat Friday as Democrats pushed legislation that would require the government to negotiate drug prices for Medicare patients.
The House began debating the bill that would require the secretary of Health and Human Services to conduct those negotiations. It's one of Speaker Nancy Pelosi's six priorities for the new Democratic-controlled House.
Democrats touted the negotiations as a way to save money for seniors and taxpayers. They said that the government would be able to drive down prices by buying in bulk.
"Medicare overpays drug companies in purchasing medicine," said the bill's author, Rep. John Dingell, D-Mich.
Republicans countered that the drug benefit, which kicked in on Jan. 1, 2006, has cost less than anticipated, and the large majority of seniors and disabled who use the program are satisfied.
"With all that's right with the program, it seems unwise and unkind to jeopardize its success," said Rep. Michael Burgess (R-Texas).
http://news.yahoo.com/s/ap/20070112/ap_on_go_pr_wh/medicare_drugs
GOP postion: Our medicare legislation is working so well, why mess with success?
Bush renews vow to veto Medicare bill
By KEVIN FREKING, Associated Press Writer
WASHINGTON - President Bush renewed his veto threat Friday as Democrats pushed legislation that would require the government to negotiate drug prices for Medicare patients.
The House began debating the bill that would require the secretary of Health and Human Services to conduct those negotiations. It's one of Speaker Nancy Pelosi's six priorities for the new Democratic-controlled House.
Democrats touted the negotiations as a way to save money for seniors and taxpayers. They said that the government would be able to drive down prices by buying in bulk.
"Medicare overpays drug companies in purchasing medicine," said the bill's author, Rep. John Dingell, D-Mich.
Republicans countered that the drug benefit, which kicked in on Jan. 1, 2006, has cost less than anticipated, and the large majority of seniors and disabled who use the program are satisfied.
"With all that's right with the program, it seems unwise and unkind to jeopardize its success," said Rep. Michael Burgess (R-Texas).
http://news.yahoo.com/s/ap/20070112/ap_on_go_pr_wh/medicare_drugs