News Headlines Article

Obama willing to deal on Medicare, sequester
Modern Healthcare

The Obama administration on Tuesday signaled its willingness to make changes in Medicare and other entitlement programs as it urged Congress to delay automatic federal spending cuts scheduled for March 1.

In a White House briefing, President Barack Obama said the threat of automatic federal spending cuts through sequestration—which Congress delayed until early March in its New Year’s Day deal to avert the fiscal cliff—has already begun to affect business decisions.