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« On the 50th anniversary of the Bay of Pigs, lessons in presidential humility | Main | Economists Hayek Vs. Keynes: A Hip Hop Battle (Video) »
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. 

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Reader Comments (2)

Apr 11, 2011 at 5:42 PM | Registered CommenterDailyBail
Equity Valuations Forming Second Biggest Bubble in US History

http://www.activistpost.com/2011/04/equity-valuations-forming-second.html
Apr 11, 2011 at 5:43 PM | Registered CommenterDailyBail

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