GOP pushes ahead with deep cuts in Medicare and Medicaid
Senate Finance Committee advances a sweeping deficit reduction bill that would slash nearly a half trillion dollars from Medicare and Medicaid. President Clinton vows a veto while Democrats warn that tax cuts fund the cuts. Republicans defend solvency and a move to private, lower-cost options for seniors.
MENTIONED IN THIS ARTICLE
GOP
Medicare
Washington
Senate Finance Committee
Carol Mosley-Braun
D-Ill
Clinton criticizes Republicans over child Medicaid cuts
In Bethesda Maryland Hillary Rodham Clinton denounced Medicaid reductions as a historic rejection of the nation's commitment to children. She told 19 children's hospitals representatives that budget balance must not come at the expense of health care for millions of kids.
MENTIONED IN THIS ARTICLE
Bethesda
Hillary Rodham Clinton
America
Clinton
Congress
Associated Press
Medicare reform debate targets seniors and costs
Republicans push a health care plan for the elderly aiming to save billions as seniors pick HMOs or managed care. Both bills would raise premiums and squeeze payments to doctors and hospitals to control rising costs. The Senate plan would raise deductibles and gradually lift Medicare eligibility to 67. Democrats in the Finance Committee offered a lighter alternative, about 106 billion in savings over seven years, arguing it would still secure the trust fund’s long term solvency.
MENTIONED IN THIS ARTICLE
Hispanic Congressional Caucus
William Roth
Finance Committee
Daniel Patrick Moynihan
Dn.y
Senate
Senate Finance Committee
Benefts
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