Medicare Part D Drug Plan was created by Congress in 2003 to aid the elderly‚ disabled‚ and sick persons in affording their medication. Coverage for the drug plan went into affect January 1‚ 2006. This plan was called the Medicare Prescription Drug Improvement and Modernization Act of 2003 (MMA) (Cassel‚ 2005). The final bill that passed‚ was influenced by drug-company and health insurance lobbyists and focused mainly on the needs of those industries instead of the seniors it was meant to serve
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7. Though there are similarities between interest group and political parties such as influencing political policy‚ interest groups do so outside the electoral process i.e. they don’t directly participate in elections but do endorse and fund (through Political Action Committees) the candidates. Political parties are limited in number and gain power through elections. Their membership also draws many interests of varying backgrounds‚ so they have a broader range of goals. Political parties also are
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First‚ the interest groups in the political process and influence of the United States‚ is conducive to a balanced and expanding the scope of citizen participation‚ promote scientific and democratic decision-making of the government. Since each of governmental public policy contains a variety of different and even conflicting interests in a democratic form of government‚ policy makers should listen to the views of the majority‚ taking into account the interests of the majority. By convention‚ when
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However‚ interest groups reflect the will of the people. For example‚ “one way that interest groups try to influence government is by contributing money to political parties and candidates during election campaigns” (Hart 143). Those interest groups are consist of lots of member with same will‚ opinion‚ and desire to take action to accomplish their goals. From the memberships they have‚ they could maintain their group‚ so they can support the candidates who has same interest and will. Once the interest
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Redistribution effects of interest rate changes - Further work - Money markets - Markets - Economics bank - Virtual Bank of Biz/ed Economics bankMonetary PolicyMarketsMoneyEurope Markets - Money markets Further work - Redistribution effects of interest rate changes Higher interest rates‚ other things being equal‚ lead to a reduction in consumer spending and lower interest rates tend to encourage it. However‚ this is not true for all individuals. For example‚ a person living
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Our American Democracy supports several different types of interest groups. Private and Public Interest Groups‚ seek public policies that benefit economic interests. Business Interest Groups are umbrella organizations which include‚ small and large corporations‚ including the Chamber of Commerce whom represents more them 3 million individual businesses. Labor Interest Groups consist of large powerful groups such as the American Federation of Labor-Congress of Industrial Organizations (AFL-CIO)‚
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Interest Group Many interest group are formed to compete for economic resources‚ others are formed to support their positions like abortion and gun control. The limited resources these group compete for is not money or real estate but rather the use of governmental power to enforce a particular set of value. Interest groups come in various kinds. They range from very liberal to very conservative and some in between. Lobbyists pursue nearly every imaginable goal‚ from tax credits to fundamental
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governing body of a state or country. Interest groups are groups of people who try to influence policymakers. Interest groups normally work for the interest of the general public. Their main similarities are that both are a group of people who have come together to achieve common goals. Both do this by acquiring power of some degree and using it. Political parties gain political power specifically by positioning their representatives in the government. While Interest groups gain power by supporting different
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researching interest groups‚ I found that there are not only hundreds of interest groups that exist around our nation. President Truman described interest groups as an "any group that is based in one or more shared attitudes and makes certain claims upon other groups or organization in the society." In our nation’s capital‚ Washington DC‚ politics represent almost seven thousand interest groups including the US Chamber of Commerce. The US Chamber of Commerce is an advocacy interest group that emerged
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reducing Medicare expenditures by enrolling participants in HMO. I understand that we have some key questions must be addressed and that we must justify our position on either economic efficiency or equity grounds. Outlined below are some of the questions that must be answered in order address this issue properly. Is Medicare in a state of crisis? Are you aware of the various policies that are being enacted from each state to state regarding the qualification of Medicare? Medicare is funded
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