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Economic News, Data and Analysis

Does Bush’s Budget Proposal Set Right Priorities on Health Care?

WSJ.com – Does Bush’s Budget Proposal Set Right Priorities on Health Care?
February 9, 2005
President Bush unveiled his 2006 budget proposal on Monday, kicking off the annual tussle in Congress over which programs to fund more, less or not at all.
On health care, a political hot potato and a top concern of Americans, the president’s plan includes cuts in discretionary spending at the Department of Health and Human Services. Medicare spending, meanwhile, is budgeted for $340 billion, a 17% increase due largely to new prescription-drug coverage.
Who is responsible for the bottom line when it comes to Americans’ health care? WSJ.com invited economist bloggers John Irons and Russ Roberts to debate the details of the president’s plan and examine broader questions about health-care costs.
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