Bowles, Simpson Unveil Deficit-Reduction Plan Includes Hefty Cuts for Health Care Erskine Bowles and former Sen. Alan Simpson (R-Wyo.) unveiled a $2.4 trillion deficit-reduction proposal, which includes $600 billion in Medicare and Medicaid savings by decreasing provider payments, raising premiums for higher-income beneficiaries, reducing prescription drug costs, and making “adjustments to account for an aging population.” February 20, 2013 Medicare, News Alan simpson, Bowles-Simpson plan, Medicare cuts, Erskine Bowles 0 0 Comment Read More »
