Senate approves cuts in Medicare, Medicaid
Patient Financial Services Weekly Advisor, November 11, 2005
The Senate last week voted to approve the fiscal year 2006 Senate budget reconciliation bill, which included about $11 billion in Medicare and Medicaid spending reductions in 2006 and $35 billion over five years, the New York Times reports.
Democrats are criticizing President Bush for neglecting the poor and the elderly. However, the president lauded the legislation as a major step in cutting the deficit.
The Senate passed the legislation, 52-47.
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