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Washington Post: "President Remains Eager to Cut Entitlement Spending"
August 11th 12:13:11 PM
An article in the Washington Post today talks about the fresh approach being taken to entitlement spending...targeted for next year after the mid-term elections. Yet more confirmation that we're going to pick this issue back up, and we need to be ready!
Some excerpts:
The Bush administration has begun sounding out lawmakers and other key figures about mounting a new bipartisan effort to rein in the costs of Medicare, Medicaid and Social Security after the midterm elections, according to officials in the administration and on Capitol Hill. . .
The new Treasury secretary, former Goldman Sachs chief Henry M. Paulson Jr., has made it clear that a major reason he took the job is to tackle the rising cost of government health and Social Security spending, which he described last week as "the biggest economic issue facing our country."
. . .some administration officials and lawmakers are hopeful that the partisan wars may recede after the November balloting, that the public is eager for practical solutions -- and that there could be a small window to try again before the 2008 presidential campaign reaches full bloom. "It's a limited opportunity, but it's one that [Bush] is interested in," said Sen. Judd Gregg (R-N.H.), chairman of the Budget Committee. "I have spoken to him innumerable times about this, and he's engaged. . . . He wants to move in this area."
Posted by Jeremy Tunnell
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