Obama Proposes Health Care Cuts

July 6th, 2011 news | Comments Off | | by

The Obama Administration is contemplating cutting hundreds of millions of dollars from Medicare and Medicaid programs in hopes of reaching an agreement with Republicans to raise the debt ceiling. The severity of the health care cuts would depend on how flexible Republican opposition members are on raising taxes. Legislators are looking to cut $2.4 trillion from the current deficit over the next decade.

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