President Bush lied. Again. That's about the only thing that can be concluded from this story.
In his convention address in New York, President Bush announced a new $1 billion initiative to enroll "millions of poor children" in two popular government health programs. But next week, the Bush administration plans to return $1.1 billion in unspent children's health funds to the U.S. Treasury, making his convention promise a financial wash at best.
The loss of $1.1 billion in federal money means six states participating in the State Children's Health Insurance Program face budget shortfalls in 2005; it is enough money to provide health coverage for 750,000 uninsured youngsters nationwide...
I guess they have to pay for those tax cuts somehow.