Friday, November 18, 2005

The House GOP's hard-fought, two-vote margin of victory for the 2003 Medicare drug bill infuriated me. But I have to give some credit for Friday's two-vote margin in favor of budget cuts (really cuts in planned spending increases). How much credit? Let's be proportionate: over the next decade, these budget cuts would amount to, oh, 7% or 8% of the expected costs of the Medicare bill.


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