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  James Capretta, who was the health care guru in George W. Bush's Office of Management and Budget, has written a nice piece for the Heritage Foundation in which he rebuts the five most-often used arguments against premium support, the core idea behind the leading bipartisan proposals for Medicare reform. It's a great write-up, in that it focuses on substantive policy critiques, rather than the usual "ending Medicare as we know it" silliness.
Jim Capretta Rebuts the Five Strongest Criticisms of Premium Support-Based Medicare Reform