Word: medicaid
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...some proposals will surely be modified. The House g.o.p. may not get as big a tax cut on upper incomes as it wants, since its $340 billion tax-cut package means it will have to cut at least that much more in spending. Proposals to cut back Medicare and Medicaid, already the flash point of attack, may be softened. "We're going to focus on their vulnerabilities," says California's Vic Fazio, a member of the House Democratic leadership. "The average American will reject...
Republicans are sufficiently worried about being "school-lunched" (they have made the expression a hyphenated participle) that Kasich pleaded with reporters not even to use the word cuts in describing his Medicare proposals. While the House Budget Committee would reduce Medicare and Medicaid expenditures by $480 billion over the next seven years (the Senate figure is $454 billion), these would be cuts in planned expenditures only. Actual dollars spent would still rise every year-just not as much as they would under the current budget. Moreover, nearly all analysts believe Medicare spending is rising at an unsustainable rate, and will...
...Senate leaders proposed slashing nearly $1 trillion during the next seven years. A House plan foresaw even deeper cuts: $1.4 trillion worth, the extra trims needed to offset a $350 billion tax cut. The G.O.P. lawmakers said they would chop billions from projected outlays for Medicare and Medicaid, eliminate scores of federal social programs and abolish the Commerce Department. (House Republicans would also ax the Education and Energy departments.) Democrats promptly labeled the proposals unfair to working families, the elderly and the poor, and warned that the cuts were dangerous for the economy...
...scripted, near-party-line vote of 238-193. The bill, which the GOP claims would lead to the first budget surplus since 1969, aims to bring to an end decades of federal deficits by wrenching an unprecedented $1.4 trillion in savings from budgets over the next seven years.Medicare and Medicaid would take the biggest hitsand hundreds of other federal programs would vanish. But majority House members -- unlike senators, who today began debating their $961 billion measure -- would try toease the painwith $350 billion in tax breaks for families, corporations and investors. Said the plan's chief architect,House Budget Committee...
...separate track from consideration of the budget-a move that left even budget wizard Kasich scratching his head over what Gingrich meant. With Social Security and interest on the debt off the table, the budget simply cannot be balanced by 2002 without major savings from Medicare and Medicaid. "We were doing fine until Newt stumbled," House Republican Conference Chairman John Boehner of Ohio told Time. "He jumped before all the rest of us were briefed and were on board with the direction we were going...