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New debt-reduction suggestions more appealing to hospitals
Modern Healthcare

A week after the chairmen of President Barack Obama’s bipartisan fiscal commission released a controversial proposal to lower the nation’s debt, another debt-reduction task force issued its own recommendations (PDF)—which received a little more support from America’s hospitals. The 140-page report from the Bipartisan Policy Center’s debt-reduction task force aims to reduce and stabilize the federal debt below 60% of the nation’s gross domestic product by 2020 and balance the primary budget (the budget other than interest) by 2014. It also proposes to achieve $756 billion in healthcare costs, excluding interest, by that same year.