ASSOCIATED PRESS and NEW YORK TIMES NEWS SERVICE
January 30, 2004
WASHINGTON – President Bush's new budget projects the Medicare overhaul he signed last month will cost at least $530 billion over 10 years, one-third more than the price tag used when Congress passed the legislation.
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While muscling the Medicare package through Congress in November, Bush and Republican leaders won pivotal votes by reassuring conservatives that the cost over that period would track the nonpartisan Congressional Budget Office's estimate of $395 billion. The measure passed both chambers narrowly, giving the president one of his top legislative triumphs.
The new figures represent the first time the White House has released its projections of the bill's costs. The soaring estimate could deepen an election-year wedge between the White House and conservative Republicans upset over spending and budget deficits that they say have grown too high on Bush's watch.
The numbers raise questions about whether administration officials revealed everything they knew before the vote on Medicare, some conservatives complained privately. Bush signed the bill Dec. 8.
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The White House is reluctant to antagonize conservatives in an election year. Such internal party divisions could make it harder to push legislation through Congress, which Republicans control by narrow margins.
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