Prescription Drug Plan

Is Bushs Prescription Drug Plan good for Americans? I don't think so. The big winners in his plan seem to be the drug companies.

http://www.foxnews.com/story/0,2933,184208,00.html

Didn't he say his plan would make prescription drugs cheaper?

http://www.post-gazette.com/pg/05041/455510.stm

McCain, who voted against the bill with eight other GOP senators, said he wasn't surprised costs were increasing. "I knew that it was a new entitlement program with unprecedented profits for the drug companies and that the costs would escalate dramatically," he said.

The Arizona senator pointed to two heavily criticized aspects of the bill -- that Medicare administrators are barred from negotiating with drug companies for lower prices and that importing prescription drugs from Canada or other countries is prohibited -- as factors that would continue to drive up program costs.

I'd say McCain hit the nail on the head with that statement.