Hospital industry bristles at cuts
Hospitals and other medical-industry groups are pushing back against President Barack Obama's proposal to cut $313 billion in government health spending as the White House intensifies its effort to revamp the nation's health system. Under pressure to amplify its payment plan, the White House outlined $313 billion in additional spending cuts over that period to healthcare providers paid through Medicare and Medicaid. That would bring total cost savings and tax increases identified by the Obama administration to help pay for the overhaul to nearly $950 billion.
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