News Headlines Article

Obama address light on details for reforming Medicare
Modern Healthcare

In the first State of the Union address of his second term, President Barack Obama acknowledged the biggest driver of the nation’s long-term debt is the rising cost of healthcare for an aging population, but proceeded to offer very few specifics on the type of Medicare reforms he’s willing to make to sustain the decades-old federal program.

Vowing to “reignite the true engine of economic growth—a rising, thriving middle class,” the president said that task must start with making basic decisions about the nation’s budget, which in turn will have a significant impact on the economy.