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CBO: Medicare cost-cutting programs haven't worked

The Hill, January 19, 2012

Programs designed to cut Medicare spending and improve the quality of healthcare have mostly failed, according to the Congressional Budget Office. There is widespread support, in Congress and among economists, for the broad ideal that Medicare would save money if it paid for better outcomes instead of more procedures. But 20 years of trying to shift the program in that direction have yielded little to no progress, CBO said Wednesday.