Bush Budget to cut Medicare & Medicade but to increase Defense Spending

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http://www.dallasnews.com/sharedcontent/dws/news/texassouthwest/stories/020508dnnatbudget.1ed9f20.html


Bush's budget would boost military spending, cut Medicare, Medicaid


By DAVE MICHAELS / The Dallas Morning News

WASHINGTON – President Bush rolled out a $3.1 trillion budget Monday that boosts funding for the
military while cutting projected spending for Medicare and Medicaid, proposals that would have a
noticeable impact in Texas.

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Mr. Bush proposed eliminating all or part of 151 federal programs, some of which provide assistance to state and local governments, saving $18 billion in 2009.

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Defense and security are among areas in which Mr. Bush's budget would grow. Defense spending would rise to $515 billion, the most in inflation-adjusted terms since World War II. That amount does not include $70 billion that Mr. Bush is seeking to pay for the wars in Iraq and Afghanistan for the first months of the fiscal year.