California Healthline: Obama Wants To Avert Cuts to Medicare, Other Programs in Sequester

On Tuesday, President Obama demanded that Congress move quickly to avert the across-the-board spending cuts — including a 2% reduction to Medicare reimbursements — in the sequester, The Hill‘s “On The Money” reports (Parnes/Wasson, “On The Money,” The Hill, 2/5).

The mandated spending cuts under sequestration involve about $1 trillion in across-the-board reductions. In January, President Obama signed legislation — negotiated by Vice President Biden and Senate Minority Leader Mitch McConnell (R-Ky.) — that delayed the cuts by two months to March 1.

Obama’s Comments

According to “On The Money,” Obama did not offer a specific plan on how to avoid the cuts in the sequester (“On The Money,” The Hill, 2/5). According to the New York Times, more details could come during Obama’s State of the Union address next week (Shear/Calmes, New York Times, 2/5).

Read more: http://bit.ly/V2oO99

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