Social Welfare Cuts on the Way
A legislative proposal drafted by the White House would make it more difficult for Congress to pass legislation increasing the "long-term unfunded obligations" of benefit programs like Social Security, Medicare, Civil Service retirement and disability, veterans disability compensation, and health benefits for retired federal employees.
A White House document describing the proposal says that Medicaid, the health program for low-income people, can be added to the list as soon as federal officials devise a reliable way to estimate its long-term costs. Medicaid spending has shot up 63 percent in the last five years, so that federal and state outlays together now total more than $300 billion a year.
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