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New Medicare Drug Entitlement�s
http://www.heritage.org The Cost of Medicare: What the Future Holds RSVP | Date: December 8, 2003 Time: 12:00 noon - 1:00 pm Speaker(s): Douglas Holtz-Eakin Director, Congressional Budget Office
With commentary by Jeff Lemieux Senior Economist, Progressive Policy Institute and Executive Director, Centrists.org
Host(s): Robert Moffit Director, Center for Health Policy Studies, The Heritage Foundation Details: 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.