A Billion Here, A Billion There: Social Spending under Ronald Reagan
In: Policy review: the journal of American citizenship, Heft 49, S. 22-28
ISSN: 0146-5945
The Reagan administration budget performance is summarized here, showing the decline in the rate of federal spending & a slight increase in social program spending, with those expenditures making up a smaller proportion of the gross national product. Cuts are said to have been guided by five principles: reducing market interference, focusing spending on the poor & near-poor, making spending contingent on beneficiaries' efforts to achieve independence, returning decision-making power to the states, & reduction in ineffective programs. Changes in the social security system resulted in savings of $10.5 billion over the first three years of the administration, while efforts to reduce Medicare growth through legislative changes resulted in $70 billion in savings over both Reagan terms. It is argued that the notion of entitlements should be replaced with the idea that benefits should be contingent on responsible behavior. 5 Tables. A. Waters