It doesn't look too good for seniors!

Bloomberg.com, February 7, 2007

When in doubt, follow the money!

President George W. Bush has proposed cutting $78 billion from U.S. health spending over the next five years.

The $701 billion budget for the Department of Health and Human Services that Bush sent to Congress today includes $66 billion in cuts over five years from Medicare, which provides health insurance for 43 million Americans. Bush also would cut $12 billion from Medicaid for the poor and from a program that provides health insurance for low-income children.

In the very next breath he has also sought a record $784 billion hike for national defense as part of the annual and supplemental budget requests he sent to the US Congress.

This includes $235 billion more for the wars in Iraq and Afghanistan for fiscal year 2008, which begins on 1 October.

Bloomberg and ADNKI