Via the Washington Post
President Bush plans to propose a $2.7 trillion budget tomorrow that would shrink most parts of the government unrelated to the nation's security while slowing spending on Medicare by $36 billion during the next five years, according to White House documents.
The spending plan Bush is to recommend to Congress will call for the elimination or reduction of 141 programs -- for a savings of $14.5 billion -- across a broad swath of federal agencies, according to administration and congressional officials who have had access to budget documents in advance. Wide-ranging as they are, those cuts pale in comparison with the White House's attempt to carve money from Medicare -- the first tangible result from a vow the president made in his State of the Union address last week to constrain the massive entitlement programs for the elderly and the poor.
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