Saturday, February 02, 2008

Some Bush budget details begin to leak. They don't look good for local economic drivers -- UPMC.

The AP has a good news article on the budget summary. Some of this is yet to hit. It is due on Monday.

Look at what GWB wants the US to spend on: India and China.

Plus, there are some big hits that might play out in Pittsburgh, with UPMC and the mega funding from medical grants.
News from The Associated Press: "Funding for the State Children's Health Insurance Program, the subject of an intense battle with Democrats last year, would increase by almost $20 billion over the next five years. An additional $6 billion is requested to finish a massive project to protect New Orleans from flooding. And the Food and Drug Administration would get a larger-than-average budget increase to send FDA staff overseas to inspect food and drugs imported into the United States.

Bush also backs $2 billion over three years to help get cleaner and more efficient energy technology to big polluters like India and China.

You don't have to read between the lines to know who this could impact. ... The Bush budget would eliminate a $302 million program that gives grants to children's hospitals to subsidize medical education.

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