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Report: Democrats Offer $400 Billion In Medicare Savings

By Igor Volsky  

"Report: Democrats Offer $400 Billion In Medicare Savings"

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Democrats have proposed $2.5 trillion to $3 trillion in measures to reduce the budget deficit in the super committee, Reuters reports, noting that “around $400 billion” would come from Medicare savings. Half of that $400 billion is in the form of “benefit cuts and the other half in cuts to healthcare providers.” No further details were available, but the $400 billion mark is more than the $320 billion in health care savings included in President Obama’s deficit plan and more skewed towards benefit cuts. (Obama’s benefit cuts made up less than 7 percent of the reductions.)

‹ Republican Rep Is ‘Gleeful’ Over Demise Of Long-Term Care Insurance Program

Instead Of Unnecessary Cuts To Benefits, Democrats On Super Committee Should Modernize The System ›

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