White House Renews Fight Over Obamacare Savings

Thursday, 27 Jan 2011 11:53 AM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The Obama administration can’t leave well enough alone. It has renewed its fight with the Medicare program's chief actuary after he reiterated a challenge of White House estimates for savings in the new healthcare law, The Hill reports.

White House,Obamacare,Medicare,Obama,CBO
Medicare's Rick Foster
Rick Foster said in testimony to the House Budget Committee Wednesday that Obamacare will boost national healthcare spending by $311 billion through 2019 and questioned whether Medicare savings called for in the law are sustainable.

He told The Hill earlier this month that adjustments to Medicare rates required by the law would force hospitals to permanently become as productive as the whole economy, which he doesn’t think is possible.

"The actuary has also raised concerns that implementing these cost-control measures may not be possible," White House spokeswoman Stephanie Cutter writes on the White House blog. “Once again, we disagree.

"History shows that it is possible to implement measures that will save money for Medicare and the federal government. For example, both the Office of the Actuary and the Congressional Budget Office substantially underestimated the savings that were achieved by the Balanced Budget Act."




© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Hunt for Lois Lerner's Missing IRS Emails Rebooted

Thursday, 24 Jul 2014 07:01 AM

The Internal Revenue Service says some of the lost data from Lois Lerner's computer might be recoverable after all, The  . . .

Religious Denominations Embracing Illegal Migrants

Thursday, 24 Jul 2014 06:43 AM

Religious denominations are working to make illegal migrant children feel welcome in the United States. . . .

Protesters Attack Israeli Soccer Team in Austria Over Gaza

Thursday, 24 Jul 2014 06:36 AM

Protesters against Israel's military offensive in Gaza attacked Israeli soccer players at a friendly match in Austria on . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved