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October 7, 2008

McCain Would Cut $1.3 Trillion from Medicare, Medicaid
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In other campaign news, a Mc Cain aide has disclosed the Republican
candidate’s health plan would result in a major reduction to spending on
Medicare and Medicaid. The Wall Street Journal reports the plan could
result in cuts of up to $1.3 trillion over ten years. The cuts would be
necessary to keep a Mc Cain campaign pledge for a “budget neutral”
health plan. Medicaid and Medicare provide government-backed healthcare
to seniors, poor families and the disabled. The programs have already
seen sharp funding cuts under the Bush administration.



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