Bush Budget Proposal Would Trim Medicare and Medicaid


	Bush Budget Proposal Would Trim Medicare and Medicaid

Willow Street

2-4-2008 9:17 PM

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medicare, medicaid, bush, budget

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/8c71e4d0-d373-434e-96de-1de58cd6dd25/D202DDA5-B3ED-4765-A3CD-1F615AC670EE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blogs.wsj.com/health/2008/02/04/federal-budget-proposal-would-trim-medicare-and-medicaid/" href="http://blogs.wsj.com/health/2008/02/04/federal-budget-proposal-would-trim-medicare-and-medicaid/" style="font-size: 11px;">blogs.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/health/2008/02/04/federal-budget-proposal-would-trim-medicare-and-medicaid/">Medicare spending needs to be reigned in, the Bush administration makes clear in its budget proposal for fiscal year 2009. The $3 trillion proposed federal budget cuts Medicare and Medicaid funds by $14.2 billion, <A target="blank" href="http://www.washingtonpost.com/wp-dyn/content/article/2008/02/04/AR2008020400493.html?hpid=topnews">reports</A> the Washington Post.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/health/2008/02/04/federal-budget-proposal-would-trim-medicare-and-medicaid/">The plan would shave $560 billion from Medicare and Medicaid over the next decade but leaves alone subsidies to insurers totaling an estimated $150 billion, <A target="blank" href="http://online.wsj.com/article/SB120213824163840773.html">notes</A> the WSJ. The Bush administration estimates the changes will result in a $10 trillion decrease in spending over the next 75 years.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/health/2008/02/04/federal-budget-proposal-would-trim-medicare-and-medicaid/">The budget doesn’t specify many details (<A target="blank" href="http://www.gpoaccess.gov/usbudget/fy09/browse.html">click here to see the full budget proposal</A>), but, as expected, does call for <A target="blank" href="http://blogs.wsj.com/health/2008/01/31/to-cut-medicare-growth-bush-targets-hospitals/">payment cuts to doctors and hospitals</A> that surpass particular funding levels. It’s not clear whether insurers would also be affected by such cuts.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/health/2008/02/04/federal-budget-proposal-would-trim-medicare-and-medicaid/">The proposed budget trumpets some broad themes, such as wanting to “encourage greater individual responsibility for health care choices and costs,” with few details about how they will be accomplished</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D202DDA5-B3ED-4765-A3CD-1F615AC670EE/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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