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Obama’s budget plan to cut more than $360 billion from healthcare
Modern Healthcare

President Barack Obama’s 2013 budget proposal will cut more than $360 billion from Medicare, Medicaid and other healthcare programs over the next 10 years, according to a brief summary of the plan (PDF) the president will submit to Congress on Monday.

The financial blueprint—which does not call for major reforms to the nation’s entitlement programs—is “very similar” to the plan Obama submitted to Congress last September, White House Chief of Staff Jacob Lew told host Chris Wallace on the television program “Fox News Sunday.”