Bush budget plan targets Medicare, Medicaid for cuts

AP/FoxNews.com, February 8, 2008

Healthcare providers would get smaller pay increases when caring for the elderly, poor and disabled under President Bush's budget plan submitted to Congress. The recommendations, if adopted, would trim Medicare spending by $66 billion over five years. That means the healthcare program for seniors would grow at a 6.7 percent clip rather than a 7.6 percent rate, budget officials said.