CBO Recommends Major Health Care Cuts to Congress

Cuts to major Medicare and Medicaid programs to reduce the federal deficit are the centerpiece of a new Congressional Budget Office report to Congress. The CBO issues such a report to Congress each year and most of the budget cutting ideas rarely see the light of day. But with federal deficits skyrocketing, there is renewed focus on ways to make major reductions to federal spending. Among the provisions:

• Establish Caps on Federal Spending for Medicaid (page 41)
• Limit States’ Taxes on Health Care Providers (page 52)
• Reduce Medicare’s Coverage of Bad Debt (page 72)

Click here for the complete report.