CBO's estimates agree with White House's Medicare projections

The Congressional Budget Office released estimates Friday that President Barack Obama's budget proposal would save Medicare $364 billion over the next 10 years, which largely agreed with the White House's estimate of about $370 billion. The plan, which called for cuts in Medicare payments to health care providers, would reduce by $1.1 trillion the projected federal deficits over the next decade, the office said.

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