Medicare
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Budget Process Bill Would Result In Deep Cuts In Medicare and Medicaid
Revised August 9, 2006
The Senate Budget Committee has approved a bill (S. 3521) that would radically alter federal budget procedures and could lead to deep cuts over time in the vast majority of domestic programs, including Medicaid, Medicare, and SCHIP. While the odds are slim that the legislation will be considered by the full Senate this year, the … -
Senate Budget Process Legislation Embraces "Misguided 45 Percent Trigger"
June 26, 2006
Executive Summary Major budget-process legislation approved by the Senate Budget Committee on June 20 seeks to limit the share of Medicare expenditures that are financed by general revenues. The legislation (S. 3521), crafted by Senate Budget Committee Chairman Judd Gregg (R-NH), would establish a new Senate … -
Statement of Robert Greenstein, Regarding The Social Security and Medicare Trustees’ Report
May 1, 2006
Today’s report is another reminder of the serious long-term fiscal challenges the nation faces. Overall federal budget deficits will swell as the baby boom generation retires, medical costs continue their rapid ascent, and the growth of the U.S. workforce slows as a result of the aging … -
Trustees’ Report Focuses Attention On Misguided Medicare “45-Percent Trigger”
Revised May 1, 2006
The Social Security and Medicare Trustees report issued May 1 includes an estimate that the portion of Medicare funding that comes from general revenues will exceed 45 percent in 2012. This estimate is likely to be cited by some as an indication of Medicare’s growing problems, with the implication being that Medicare’s … -
President and Senate Budget Committee Embrace Misguided “45-Percent Trigger”
March 13, 2006
Both the President and the Senate Budget Committee have embraced the notion that increases in the share of Medicare expenditures that are funded by general revenues are problematic and should be limited. The President’s fiscal year 2007 budget calls for Medicare to be subject to automatic cuts in any year in which more than … -
Assessing the Effects of the Budget Conference Agreement on Low-Income Families and Individuals
Revised January 9, 2006
Some Congressional leaders are claiming that the low-income provisions in the conference agreement on the budget reconciliation bill are modest and will not harm vulnerable families. Many of the legislation’s key provisions were altered behind closed doors in weekend negotiations, and the legislation was not released until after 1:00 the morning of December 19, just hours before …
