News Headlines Article

Baucus questions need for Medicare overhaul
Modern Healthcare

Slowing healthcare inflation may have removed the need to overhaul either Medicare or Medicaid as part of a grand-deficit reduction deal, according to the senior Senate Democrat overseeing federal entitlement programs.

Sen. Max Baucus (D-Mont.), chairman of the Finance Committee, challenged the long-held assumption on Capitol Hill that any agreement to rein in the $16 trillion historic federal debt must include the two federal healthcare programs because they comprise more than 25% of all federal spending.