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The Prescription Drug Bill

Many Steps Backward

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Document date: November 21, 2003
Released online: November 21, 2003
Moderate Democratic members of Congress may be strongly tempted to vote for the Medicare prescription drug proposal crafted by the conference committee that reconciled the versions passed by the House and Senate in June. For one thing, they have long sought to extend Medicare's coverage to prescription drugs, which are an increasingly important component of modern health care but whose cost can impose heavy burdens on low- and moderate-income beneficiaries. Furthermore, it is quite tempting to grab the $400 billion that a conservative president has put on the table this year for such a benefit, as it may be snatched away as lawmakers focus on mounting deficits. [© Brookings Institution]

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