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Cantor Proposes Cutting $353 Billion From Medicare And Medicaid

By Guest Contributor on July 12, 2011 at 12:30 pm

"Cantor Proposes Cutting $353 Billion From Medicare And Medicaid"


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House Majority Leader Eric Cantor (R-VA) has proposed $353 billion in cuts to Medicare and Medicaid, which he suggested in the deficit reduction talks yesterday at the White House. Cantor’s plan would cut $100 billion in matching payments to states for Medicaid, and save $109 billion by increasing co-payments, reducing home health payments, and prohibiting first dollar coverage for Medigap policies. –Sean Savett

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