Mar
4
Obama Cuts Medicare and Medicaid
Obama plans to cut the benefits of Medicare and Medicaid recipients in order to pay for his Health Care Reform.
“We recognize there are other ways to do this,” Geithner told the Finance Committee.
On Tuesday, Rep. Charles Rangel, chairman of the tax-writing House Ways and Means Committee, said he, too, had reservations about the proposal.
“I would never want to adversely affect anything that is charitable or good,” the New York Democrat said.
Senate Finance Committee Chairman Max Baucus questioned Wednesday whether the proposal was viable, a day after his House counterpart also expressed reservations.
