Location:
The Heritage Foundation's Lehrman Auditorium
Just how expensive is the universal prescription drug
entitlement Congress enacted with the passage of the Medicare
Modernization and Prescription Drug Act of 2003? Clearly, the $400
billion cost over the next ten years is only a down-payment. How
much will this legislation cost in the ten years after 2013,
particularly when the Baby Boomers start to retire? How will it
affect federal spending and the federal budget? How will the bill
affect the growth of the Medicare program? Will this provision of
the new legislation help to contain costs? CBO Director Douglas
Holtz-Eakin will address these and many other vital questions - the
answers of which are of critical importance to every American of
every age.
More About the Speakers
Douglas Holtz-Eakin
Director, Congressional Budget Office
With commentary by
Jeff Lemieux
Senior Economist, Progressive Policy Institute and
Executive Director, Centrists.org
Hosted By
Robert Moffit, Ph.D.
Senior Fellow
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