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[PEN-L:1697] Re: Cuts?

At 10:21 AM 12/4/95, J. Mark Cranford wrote:

>Any thoughts about the claim that the GOP's Medicare plan(s) relies on
>decreases in projected expenditure increases rather than *real cuts*?
>Several of the Right's spokespersons claim that there are NO CUTS in the
>plan.  I'm somewhat skeptical of this claim.  What do you think?

Budget projections are based on maintaining the present level of services.
With inflation and increased demand, these increase in nominal terms.
Reducing the rate of increase in this baseline level is by definition a cut
in services, even if there is a rise in nominal spending.

Doug

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