Friday, June 19, 2009

Obama Proposes $313 Million in Healthcare Costs

The Wall Street Journal reports that President Obama has outlined a massive plan to cut government healthcare spending by $313 million over the next 10 years in an attempt to expand coverage for the uninsured.

There are many health-industry groups that have criticized his plan, including The Pharmaceutical Care Management Association and American Hospital Association. Their concern is that these cuts will hurt hospitals and trauma units. This proposed plan has caused a lot of controversy within the healthcare industry. What do you think of Obama's outline for healthcare cuts?

Read the full article here
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