Date: November 22, 2003
Subject: Medicare Prescription Drug Benefit
Description: The Medicare prescription drug benefit bill marked the greatest expansion of a federal program in almost 40 years. The $400 billion bill will add trillions to the unfunded liability of Medicare and cause millions of seniors to lose their current drug coverage. The bill contained a "health savings account" provision favored by ACU, but on balance it could not be justified on conservative principles. ACU opposed it so strongly that the vote is double-weighted in this rating.
Result: Agreed to, 220-215
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