Aug 03, 2012
A bipartisan group of lawmakers will make a lame-duck push at passing a previously released deficit reduction plan.
Politico Pro: House Group To Push ‘Simpson-Bowles Plus’
Retiring Rep. Steve LaTourette (R-Ohio) said Thursday that a bipartisan House group will try to launch a lame-duck effort to reform Medicare, part of what he called a “big deal” to reduce the federal deficit by trillions of dollars. At a press conference outside the Capitol, LaTourette — joined by Reps. Charlie Bass (R-N.H.), Robert Dold (R-Ill.) and Daniel Lipinksi (D-Ill.) — said that on Nov. 7, the day after the election, a bipartisan group would file “Simpson-Bowles Plus,” modeled on the debt reduction plan proposed by President Barack Obama’s fiscal commission (Cheney, 8/2).
Reuters: Wal-Mart Backs Democratic Plan To Cut Health Care Costs
Wal-Mart Stores Inc, the largest private employer, endorsed a new Democratic proposal for controlling health care spending that would seek to keep the rising cost of medical services in line with wage growth. The giant retailer said on Thursday that the plan co-authored by former Obama and Clinton administration officials contained “innovative methods” that could help slow health care spending and improve the quality of health care delivery (Morgan, 8/2).
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