News Headlines Article

Obama plan to include Medicare, Medicaid cuts
Modern Healthcare

President Barack Obama will propose a plan Wednesday to rein in the $14 trillion debt that will include cuts to Medicare and Medicaid, according to an administration official and congressional Democrats.

David Plouffe, a senior adviser to Obama, said on several Sunday news shows that Obama will issue his own long-term debt-reduction plan to counter a recent Republican plan. He also touted the $1 trillion in debt reduction over the next two decades expected from the healthcare reform law.