The White House wants to reverse $ 500 million in cuts to the Medicaid program meant to start in 2014, aiming to ensure that states have adequate funds to assist those that remain uninsured under the Affordable Care Act. A bit of history is helpful here. For decades now, Medicaid has sent states billions of… Read more »
Posts Tagged: cuts
Federal budget cuts to ground one-third of Air Force aircraft
Gen. Mike Hostage, commander of Air Combat Command at Joint Base Langley-Eustis in Virginia, issued the warning Tuesday as the Pentagon braces for more effects of the automatic spending cuts triggered by the lack of a budget agreement in Washington. Source: FOXNews.com
Cuts Spur Air Force to Idle Part of Its Fleet
The U.S. Air Force is idling one-third of its combat air fleet because of across-the-board spending cuts, a move officials said would reduce readiness to respond in the event of a global crisis. Source: WSJ.com: Politics And Policy
About those new spending cuts in Obama’s budget …
President Obama is releasing his budget tomorrow, which will reportedly include Social Security and veterans’ disability benefit cuts in the form of the chained CPI. The budget would make $ 1.8 trillion in deficit reductions over 10 years, replacing the $ 1.2 trillion sequester, with $ 580 billion in revenue increases. That would be the… Read more »