Word: medicaid
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...nation at large should celebrate as well. According to a 1991 study by the National Institute of Mental Health (NIMH), mental illness costs the country $129 billion annually, and schizophrenia alone steals a disproportionate $50 billion -- roughly equivalent to what the Federal Government spent last year on all Medicaid grants. Drugs and doctor bills, hospital beds and police problems add up to $29 billion; lost income and family crises account for the rest...
...Perot, vacationing in London, got news that Bradford National Corp., a New York-based firm, had wrested a Texas Medicaid contract away from EDS. Perot could not accept the idea that EDS had lost fairly. He flew back to convene an EDS meeting in Dallas, at which, says author Mason, "eavesdroppers outside the third-floor conference room heard him shouting, 'I want to find the son of a bitch who let this happen and get him out of the company!' " Though the principal question was whether EDS or Bradford had submitted the lower bid, Perot and his aides...
These are programs like Social Security, Medicare, Medicaid, food stamps and farm-price supports, many of which aid primarily the middle class and those with higher incomes. This year alone, entitlements are expected to cost more than $700 billion, about half the annual federal budget and 14% of the GDP. The Congressional Budget Office estimates that $51.5 billion could be saved over five years by merely eliminating Social Security cost-of-living increases for one year. Similarly, Congress's Joint Committee on Taxation estimates that $26.8 billion could be saved over five years by taxing 50% of Medicare benefits...
...testimony last Thursday, Progressive Policy Institute (PPI) President Will Marshall--the major idea machine for Gov. Bill Clinton--suggested a Police Corps program to exchange college funds for police service, a civilian version of the G.I. bill, expanding the earned income tax credit, raising work-discouraging wage limits for Medicaid and Aid to Families with Dependent Children and contracting out to private companies devoted to finding jobs for welfare recipients...
...MAKE WORK PAY. Even for those who want to work, the current welfare system is full of perverse disincentives. In most states, a single mother who earns, say, $700 a month has that amount deducted from AFDC benefits; she also loses Medicaid and food stamps and often has to pay for child care as well as payroll taxes. In many cases, her increased income is so marginal that it literally does not pay for her to work. "For a very large proportion of single mothers, it's impossible to find a job that pays as well as being on welfare...