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The Breakdown: What Would Keynes Say About the Tax Deal?

The deficit

Christopher Hayes was one of many asked how to draw down the deficit. Why hasn't anyone said the most obvious: let Medicare bargain directly with the pharmaceutical companies for drugs, much as the VA does. The VA's bill for drugs is only 47 percent of that which Medicare pays. Why hasn't this even been mentioned in the discussion? Would Obama veto it?

G.S. Collyer

Louisville, KY

Dec 15 2010 - 8:38pm