News Headlines Article

Lawmakers press Obama on plans for Medicare
Modern Healthcare

The chairmen of two powerful House committees on Wednesday sent a letter (PDF) to President Barack Obama asking for hard details on the administration’s plan to achieve hundreds of billions in Medicare and Medicaid savings as a way to help lower the nation’s debt. A week to the day after Obama outlined his deficit-reduction framework, Reps. Dave Camp (R-Mich.), chairman of the House Ways and Means Committee, and Fred Upton (R-Mich.), chairman of the House Energy and Commerce Committee, said in their letter that the president’s plan calls for $340 billion in Medicare and Medicaid savings by 2021 and $480 billion by 2023, but that “it is unclear from where or how those reductions in spending are achieved.”