Why Are Dems Targeting The One Successful Part of Medicare?

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Human Events:

In his State of the Union address, President Obama trained his guns on one of his favorite bogeymen: the pharmaceutical industry. The president proposed a multibillion-dollar fee on drug companies by requiring them to issue rebates to the federal treasury on prescription drugs consumed by low-income seniors.

Other Democrats want to go even further. They’re calling for the feds to essentially dictate prices for drugs sold through Medicare. They claim such a move will save even more money.

But neither plan will deliver the savings its backers claim. Even worse, both will raise costs for seniors, deny them access to drugs they need, and dismantle the structure of the only portion of Medicare that has cost less than government projections—the Part D drug benefit.