The White House released budget figures yesterday indicating that the new Medicare prescription drug benefit will cost more than $1.2 trillion in the coming decade, a much higher price tag than President Bush suggested when he narrowly won passage of the law in late 2003.

How much higher you ask? Try three times higher. And recall this was the episode where they threatened to fire the actuary who knew the true cost was much higher than what the administration was professing. Just another in a series of lies....