Why is the White House hitting the watchdog on the Medicare plan?
White House hits watchdog on Medicare plan WASHINGTON (CNN) — The White House has criticized the Congressional Budget Office’s findings that the Obama administration’s proposal to control Medicare costs would yield a moderate savings of $2 billion over the next decade. White House Budget Director Peter Orszag said the CBO’s analysis — which it relayed to House Majority Leader Steny Hoyer on Saturday — could feed a perception of the office’s bias toward “exaggerating costs and underestimating savings.” “The point of the proposal … was never to generate savings over the next decade,” Orszag said in a letter posted on Saturday. “Instead the goal is to provide a mechanism for improving quality of care for beneficiaries and reducing costs over the long term.” CBO Director Doug Elmendorf’s letter to Hoyer on Saturday was in response to the Senate Majority Leader’s request for analysis on “possible approaches for giving the President broad authority to make changes in the Medicare progra
WASHINGTON (CNN) — The White House has criticized the Congressional Budget Office’s findings that the Obama administration’s proposal to control Medicare costs would yield a moderate savings of $2 billion over the next decade. White House Budget Director Peter Orszag said the CBO’s analysis — which it relayed to House Majority Leader Steny Hoyer on Saturday — could feed a perception of the office’s bias toward “exaggerating costs and underestimating savings.” “The point of the proposal … was never to generate savings over the next decade,” Orszag said in a letter posted on Saturday. “Instead the goal is to provide a mechanism for improving quality of care for beneficiaries and reducing costs over the long term.” CBO Director Doug Elmendorf’s letter to Hoyer on Saturday was in response to the Senate Majority Leader’s request for analysis on “possible approaches for giving the President broad authority to make changes in the Medicare program,” Elmendorf wrote. The Obama administrati
