This afternoon: Schakowsky, Emanuel again bash new Medicare drug benefit

Never wait for the press conference…

Today, Rep. Jan Schakowsky (D-Il.) and Rep. Rahm Emanuel (D-Ill.)

continue the Democratic blitz….to criticize the new Medicare Part D cost to bring prescription drug benefits to seniors…

Their comments to be based on a Jan. 18 study….To read about it, start here…http://www.cepr.net/pressreleases/2006_01_18.htm Last week, in a co-ordinated drive, House Democrats threw about 100 events to complain about the GOP-authored plan….Long time critics Schakowsky and Emanuel owed their leadership their event…so they weigh in again in a few hours from Chicago….

Subj: ***Emanuel, Schakowsky EVENT ADVISORY:

***EVENT ADVISORY: TODAY AT 2:00PM***

Emanuel, Schakowsky to Hold Press Conference on Lack of Savings in Medicare

Drug Benefit for Taxpayers and Seniors

Study Shows Direct Negotiation Could Yield $40 billion over 7 years

CHICAGO, IL- Today, Monday, February 27th at 2:00pm, U.S.

Representatives Rahm Emanuel (D-IL) and Jan Schakowsky (D-IL) will hold a

press conference responding to the Center for Economic & Policy Research

report entitled, “The Savings from an Efficient Medicare Prescription Drug

Benefit.” The study found that if Medicare directly negotiated with the

pharmaceutical companies, the potential savings would be enough to fully

fund the drug benefit with no contribution from beneficiaries and leave a

surplus of $40 billion over 7 years.

What: Press conference on Medicare direct negotiation and $40

billion savings.

Where: Thompson Center, Blue Room

100 W. Randolph, 15th Floor

Enter at LaSalle Street entrance

When: Monday, February 27, 2006

2:00 p.m.

Who: U.S. Representative Rahm Emanuel (D-IL)

U.S. Representative Jan Schakowsky

(D-IL)

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