The Mudcat Café TM
Thread #76501 Message #1356207
Posted By: Greg F.
13-Dec-04 - 11:37 PM
Thread Name: BS: Republican Stench
Subject: BS: More Republican Stench
Hey, fuck adequate health care! - we got towelheads ta kill & poor starving millionaires to care for.
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By MARK SHERMAN, Associated Press Writer
WASHINGTON - Michael Leavitt, President Bush's choice to be secretary of Health and Human Services, may have to cut billions of dollars from the government's mammoth health programs for the elderly, poor and disabled to pare the budget deficit.
Medicare and Medicaid programs, consuming nearly $500 billion a year and growing quickly, could be vulnerable in the context of last year's $413 billion budget deficit, the ongoing war in Iraq (news - web sites), costly domestic security commitments and administration plans to revamp Social Security (news - web sites) without raising taxes.
[Leavitt]was chief operating officer of the Leavitt Group, a family insurance firm in which he maintains an investment worth between $5 million and $25 million, according to a financial disclosure report he filed in 2003.
The company owns 100 independent insurance agencies that sell supplemental Medicare policies, among other insurance products, according to company literature.