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Lower cost projections ease pressure to change Medicare
The pressure on Democrats to agree to a bipartisan plan to cut Medicare spending appears to be waning as Republicans seem to be moving toward compromise, according to a New York Times analysis. The authors of the new Simpson-Bowles plan to cut $600 billion from U.S. health care costs over 20 years say the absence of urgency could make needed cuts less likely.
The New York Times (tiered subscription model) (2/24), Reuters (2/24)
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