President Bush In FY 2008 Budget Will Seek $70B In Savings From Medicare, Medicaid, According To Administration Officials, Lobbyists

... President Bush next week is expected to propose more than $70 billion in savings from Medicare and Medicaid over five years, according to administration officials and health care lobbyists, the New York Times reports. The proposed cuts are part of Bush's plan to balance the budget by 2012, beginning with his fiscal year 2008 budget scheduled for release next week. [click link for full article] ...