That's along with $50 or so billion pharmaceutical companies agreed to cut. That's over $200 billion in cuts in government spending. Obama would make Reagan proud.
Hospitals accept $155 billion in cuts
http://www.politico.com/news/stories/0709/24689.html
Vice President Joe Biden and hospital industry officials announced Wednesday that the nation’s hospitals have agreed to accept $155 billion in cuts from government programs in order to help pay for health care reform.
In a press conference that was short on specific details of the deal, Biden used the agreement to drive home the message that health reform will pass this year.
“Reform is coming. It is on track. It is coming,” Biden said. “Today’s announcement, I believe, represents the essential role hospitals play in making reform a reality. And a reality it will be. We must enact this reform this year. We must, and we will, enact reform by the end of August. And we can’t wait. ”
The announcement comes during an especially crucial month for health reform as both the Senate and the House are beginning the messy process of writing legislation. In fact, Biden was late to the microphone because he was coming from a meeting with Senate Finance Committee Chairman Max Baucus and Senate Majority Leader Harry Reid.
On Tuesday, Reid told Baucus that Senate Democrats were concerned about any bill that would tax health benefits and not include a strong public option, which was the direction Baucus was headed.
The hospital deal was struck between the White House and Baucus and the American Hospital Association, the Federation of American Hospitals and the Catholic Health Association and is similar to the $80 billion deal the drug industry made with Baucus and the White House.
Under the agreement, hospitals will receive $155 billion less in Medicare and Medicaid payments over the next decade that will come by improving efficiencies, changing the delivery system and reducing annual increases, Biden said.
Neither the White House nor the Senate Finance Committee responded to requests for additional details.
We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls. The only thing that really worried me was the ether. There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke
It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...." Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson








