Wednesday, September 28, 2005

Republic Study Committee: Operation Offset

According to the Republican Study Committee's Operation Offset (Note: this is a 24 page Microsoft Word document), the government has to make "Tough Choices in Tough Times" to cut out the unnecessary spending the President says is in the budget. We need to do this, we're told, because we have to spend whatever it takes to rebuild the Gulf Coast (not to mention spend whatever it takes on the Iraq war) and can't increase taxes to do so. Suggestions include:
  • Delay the Medicare Prescription Drug Bill for One year
  • Repeal the Highway Earmarks in TEA-LU
  • Reduce Medicaid Administrative Spending
  • Increase Allowable Co-pays in Medicaid
  • Block Grant Medicaid Acute Services
  • Reduce Farm Payment Acreage by 1%
  • Eliminate Subsidized Loans to Graduate Students
  • Base New Federal Retiree Health on Length of Service
  • Increase Medicare Part B Premium from 25% to 30%
  • Restructure Medicare's Cost-Sharing Requirement
  • Impose a Home Health Co-payment of 10%
  • Update the Formula Used for Federal Pension

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