Bush's Budget Proposal Would Cut Medicare Spending
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MONDAY, Feb. 4 (HealthDay News) -- President Bush's new budget proposal would cut $196 billion over five years from both Medicare and Medicaid -- programs that provide health care to millions of poor and elderly, federal officials announced Monday.
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Michael Leavitt, President Bush's choice to be secretary of Health and Human Services, may have to cut billions of dollars from the government's mammoth health programs for the elderly, poor and disabled to pare the budget deficit.
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President George W. Bush, facing pressure to trim a record US budget deficit, will combine a push to restructure Social Security with a call for spending discipline as he wraps up a two-day economic summit.
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One budget-cutting proposal on the table
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Setting priorities for next year, the White House said Friday President Bush will push to cut back on the thousands of home-state projects that lawmakers slip into spending bills.
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Future Social Security benefits could be cut almost in half for some younger workers under a plan President Bush is considering for overhauling the nation's retirement system.
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A leaked White House memo on Social  Security suggested on Thursday that President Bush may favor  cutting benefits for future retirees as part of a plan to  privatize the popular federal program.
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Spending restraints in President Bush's budget proposal would mean deep cuts to environmental protection, community development, veterans benefits and other programs through the end of the decade, a liberal think tank said Wednesday.
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Doctors who treat the elderly and disabled will face a 10 percent cut in their reimbursement rates from Medicare next year under a federal rule issued Thursday.
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A number of spending initiatives promoted by President Bush as he seeks re-election are set to get less money than he wants from the Republicans who control Congress.
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The Bush administration issued proposed rules Friday to trim Medicaid payments to schools.
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US President George W Bush says his forthcoming budget plans will seek to curb domestic spending.
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President Bush is readying a new budget that would carve savings from Medicaid and other benefit programs, congressional aides and lobbyists say, but it is unclear if he will be able to push the plan through the Republican-run Congress.
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President George W. Bush on Monday proposed more than $700 billion in new spending for the military -- much of it for the Iraq war -- in a budget that would restrain domestic programs from health to education.
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U.S. President George W. Bush's fiscal 2009 budget proposal released on Monday takes into account that the U.S. economy is facing a slowdown, the White House said.
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President Bush on Monday proposed a  $2.57 trillion budget that slashes domestic programs from farm  aid to housing grants for the poor, as he sought to curb budget  deficits that have soared on his watch.
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The Bush administration will seek to slash government spending next year, U.S. Treasury Secretary John Snow said on Sunday, but he was less specific than the president in predicting how quickly the deficit would fall.