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Monday, February 05, 2007
President's Budget Takes Aim at Nation's Health
President Bush's 2008 budget, to be released this morning, proposes to eliminate the deficit by 2012 with many spending cuts in various national health and well-being programs.
- $101.5 billion in cuts to Medicare and Medicaid over five years
- $223 million reduction in spending on the Children's Health Insurance Program, with cuts deep enough over five years to eliminate coverage for half of the children enrolled today
- $99 million savings by eliminating a childhood obesity prevention program
- $40 million cut in the Low-Income Home Energy Assistance Program, a program which helps people pay for their heating bills
- $9 million less for fighting cancer by reducing the National Cancer Institute's budget
Stay tuned for more of Bush's Big Budget Blow-out of '08
Posted by Craig Jennings
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