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Re: Prudent Capitalist post# 707

Friday, 02/22/2013 3:51:41 PM

Friday, February 22, 2013 3:51:41 PM

Post# of 3161
No, Prudent Capitalist, there were two distinct Bush tax cuts as published in The Federal Register. The Economic Growth and Tax Reconciliation Act of 2001 was passed on June 7, 2001. The Jobs and Growth Tax Relief Act of 2003 was passed on May 23, 2003. The provisions of the second Bush tax bill including HUGE changes to the original bill including elimination of phase-in periods of as much as 8 years, replaced by full. immediate impact of most all provisions. These bills, in tandem, are collectively referred to as "The Bush Tax Cuts" and an excellent resource summarizes this on Wikipedia, if you are interested.

With so much of Walgreens business dependent on Rx spending by Medicare and Medicaid, and so much of the spend of these apparently held hostage in the Sequestration debate, I am not sure why a discussion on these topics would be a violation of Terms of Service(?). I really urge you to review some of the content on the website I earlier recommended, www.cms.gov, and the extensive detail they present on government healthcare spend, cost management direction and the goals/savings/optimization included in The Affordable Care Act. If you look at the detail and what is occurring, you would NEVER say that nothing is being done to meaningfully impact entitlement spend by Obama. More needs to be done, for sure, and I fully agree on that point.

This dialog is what shapes the future of Walgreens S/P, IMHO. And I am talking about 2013 S/P, not some remore point in the future.

GLTA,

Yank

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