Obama Says GOP Differences on Medicare May be "Too Wide" for Grand Bargain - Becker's Hospital Review

Obama Says GOP Differences on Medicare May be “Too Wide” for Grand Bargain

Fresh from a meeting with Republican lawmakers, President Barack Obama said Republican proposals to turn Medicare into a voucher program, cut added Medicaid funding and refuse to close tax loopholes may make reaching a strong consensus on deficit reduction impossible, according to a report by ABC News.

“Ultimately, it may be that the differences are just too wide,” the president told ABC News.

He said he’s confident Congress will pass a budget — for the first time in four years — but it may lack reforms desired by both parties. “It just means that we will have missed an opportunity,” he said.

Obama Says GOP Differences on Medicare May be “Too Wide” for Grand Bargain

More Articles on Healthcare Spending:

Next Up in Financial Management

Minnesota may need to claw back Medicaid funds from providers

Tower Health's CEO ready to move 'from turnaround to sustainable growth'

Hospital revenue up, margins still under pressure: 6 notes

More Articles on Healthcare Spending:

Next Up in Financial Management

Join the 500,000+ healthcare executives who start their day with Becker's