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For Immediate Release
Office of the Press Secretary
February 9, 2005

Fact Sheet: Setting the Record Straight--Medicare Drug Benefit Estimates Unchanged

Myth: Today's Washington Post story (p A1), headlined "Medicare Drug Benefit May Cost $1.2 Trillion," is simply wrong. The article says "the White House released budget figures yesterday indicating that the new Medicare prescription drug benefit will cost more than $1.2 trillion in the coming decade, a much higher price tag than President Bush suggested when he narrowly won passage of the law in late 2003." This statement in the first paragraph of the story is flat wrong. The White House is seeking a correction from The Washington Post.

Here are the Facts:


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