Monday
Apr112011
The Battle Over Medicare And Medicaid
PBS Video - Need to Know - April 8, 2011
Nearly half a century ago, President Lyndon Johnson created the Medicare and Medicaid programs as part of his Great Society reforms. Now Medicare and Medicaid together account for almost a quarter of the entire federal budget – a total of almost $800 billion in the last year alone. In the recent recession, the federal government provided an additional $87 billion to fund Medicaid.
How would Rep. Paul Ryan’s plan change this? Instead of pumping in money as needed, the federal government would hand out a one-time block grant to each state, each year.
Apr 11, 2011 at 2:30 PM
Reader Comments (2)
http://www.activistpost.com/2011/04/white-house-warns-of-debt-armageddon.html
http://www.activistpost.com/2011/04/equity-valuations-forming-second.html