Detailed text transcripts for TV channel - FOXNEWS - 20110108:10:14:00
>> i think dobbs is right. competition drives it we see that in medicare part d. passed in 2003. there are two competing plans, a government-run prescription drug benefit for seniors offered by the democrats. cbo scored it at $850 billion for the first ten years. and a competition model that said we are not going to set the price. the government is going to allow people to compete for your business and the cbo scored that at $450 billion for the first ten years. three bad things happened. more people signed up when the republican bill passed. more people signed up than were anticipated. they s...