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- Jun 10, 2009
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the only thing that's "privatized" is the decision-making entity. Republicans plan is to make Seniors the decision authority over their own medicare dollars. Democrats is to make bureacrats the decision authority. Both intend to reduce medicare expenditures; it's mostly a difference over who they think should be in charge of allocating the reduced medicare expenditures.
The GOP plan would fail because it ignores the root problem, the fact that the US has the highest medical care costs in the world.