Obama Deficit Reduction Plan Takes Aim At Drug Costs, Strengthens IPAB
This article was originally published in The Pink Sheet Daily
Executive Summary
President Obama's deficit reduction framework borrows ideas from previous spending documents such as the 2012 budget and the fiscal commission report in its cost-cutting recommendations for Medicare.
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President Obama will release a deficit reduction plan Sept. 19 that includes “modest adjustments” to Medicare and Medicaid as well as tax code reforms, he announced during a speech to a joint session of Congress on Sept. 8.
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