Debt Commission Could Target Medicare and Medicaid for Spending Cuts

At the first meeting of the bipartisan National Commission on Fiscal Responsibility and Reform, members of the Obama administration indicated that Medicare and Medicaid are fair game for spending cuts to help balance the national budget, according to a report in American Medical News.

Advertisement

The commission, established by executive order in February, is expected to submit recommendations to the president by Dec. 1. Congress will then vote on its proposals, according to the report.

At the initial meeting, President Obama acknowledged that the rising costs of federal health entitlement programs have contributed to the nation’s fiscal challenges, saying that “Everything has to be on the table.”

Read American Medical News‘ report on the White House’s debt commission.

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.