(Archived document, may contain errors) 683 r December 19,1988 T HE CASE FOR KEEPING SOCIAL SECURITY IN THE BUDGET INTRODUCTION Social Security is the federal budgets second largest program, exceeded only by national defense. Roughly 20 percent of all federal spending is allocated for Social Security benefit payments, while about one-quarter of all federal revenues are raised through the Social.
(Archived document, may contain errors) 499 April 3, 1986 CONTROLLING CATASTROPHIC HEALTH COSTS OTIS BOWEN'S GRAND OPPORTUNITY INTRODUCTION Health and Human Services HHS) Secretary Otis Bowen has been instructed by Ronald Reagan to report by year's end " on how the private sector and government can work together to.address the problem of affordable insurance coverage for those whose families are financially ruined by illness so-called catastrophic health costs.