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Budget chief contradicts Obama on Medicare costs
 Wednesday, September 23, 2009The head of the nonpartisan Congressional Budget Office, Douglas Elmendorf, told senators Tuesday that seniors in Medicare's managed care plans would see reduced benefits under a bill in the Finance Committee. The bill would cut payments to the Medicare Advantage plans by more than $100 billion over 10 years. Tell Congress to Reject Obama's Health Care Takeover -- Select Here! Elmendorf said the changes would reduce the extra benefits that would be made available to beneficiaries. Critics say the plans are overpaid, while supporters say they work well. Obama says cuts to Medicare providers won't reduce seniors' benefits. Original Article |
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