Bush Set to Cut Medicare, Medicaid
31st January 2008
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Loading ...Some 47 million people in this country have no health insurance. The baby boom generation is approaching retirement. Health care costs and premiums are soaring. And employer-provided health benefits are harder than ever to come by—for both current workers and retirees.
But rather than strengthen the programs the aging U.S. public increasingly depends upon—Medicare and Medicaid—Bush wants to slash these programs—$91 billion over five years for Medicare and $14 billion for Medicaid.