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Re: callsandputs post# 155769

Saturday, 02/04/2006 5:08:21 PM

Saturday, February 04, 2006 5:08:21 PM

Post# of 495952
You might want to read the Financial Statements of the United States of America 2004. It is lengthy, but focus on the auditor notes.

Regardless of political party, & it appears that fingerpointing will not erase the checks being cut every day, laws need to be addressed immediately regarding the newly (2004) enacted prescription benefits. When Congress enacts a new law (ie Prescriptions for SS beneficiaries) & creates an "initial funding kitty" that is supposed to last 10 years... and it barely lasts the first year... then someone needs to throw up a red flag & either admit that Congress may have goofed, or ---> that the folks who provide them with 'estimated cost' & "projected costs" (upon which they make their decisions) should be replaced. Then, they need to address the mistake quickly.

It is not a "party" that will pay the price, it is a 'people'. As far as I'm concerned, our Congressmen have a DUTY to read the Financial Statements of the United States. They have a DUTY to address the myriad of references they would have read in those financial statements about the gigantic impact on the the budget caused by the enactment of the prescripion drug law in the manner in which they enacted it.

For what it's worth, they need to visit their mistakes & correct them. That doesn't mean elimination of the benefit, it means that they need to revalue the costs... revalue what benefit levels can be supported... revalue the growing impact of the law if left unchanged.


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