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Senate Finance Committee Considers Proposals to Cut Wasteful Medicare Spending

The proposed Part D redesign and subsidy cap are steps in the right direction. They would not impose price controls; they would encourage insurers to drive harder bargains with drug manufacturers, to the benefit of taxpayers. They would not increase taxes; they would reduce wasteful Medicare spending and the burden of government by a projected $85 billion over 10 years.

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Conservatives for Higher Taxes

Conservatives who argue Medicare should not pay less than it currently does for drugs need to address the paradox inherent in their argument that, in order to restrain government and have a free economy, government must spend more.