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CBO’s Medicare estimates on par with White House figures
Modern Healthcare

Falling closely in line with the Obama administration’s analysis last month, the nonpartisan Congressional Budget Office estimates that the policies in President Barack Obama’s fiscal 2014 budget proposal would reduce Medicare spending by about $364 billion over 10 years, compared with the administration’s estimate of $371 billion. Released Friday, the CBO’s analysis said the president’s budget proposal for next year would total $5.2 trillion in deficits between 2014 and 2023, or about 2.4% of the country’s Gross Domestic Product projected for that period.