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Whether or not Paul Ryan has discovered the correct solution, discussed inside, we think everyone can agree that something must be done.
A good place to start would be revisiting Medicare Part D, the prescription drug benefit. As a result of this legislation, Medicare is unable to negotiate drug prices with pharmaceutical companies. David Walker called it the single most fiscally irresponsible bill in the last 50 years of Congress. And Walker is not prone to hyperbole.. You can thank Billy Tauzin for that particular gift to bankrupt future generations.