TITLE

Obama Wants $75B in Cuts to Federal Drug Spending

AUTHOR(S)
Young, Donna
PUB. DATE
June 2009
SOURCE
BioWorld Today;6/16/2009, Vol. 20 Issue 114, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on U.S. President Barack Obama's proposed Medicare and Medicaid spending cuts. His proposal include spending cuts on prescription drugs and biologics under Medicare Part D. It is estimated that health care reform costs will amount to $1 trillion. Obama says the objectives of his proposal is to extend the life of the Medicare Trust Fund and to reduce premiums for beneficiaries by $43 billion over 10 years.
ACCESSION #
41877272

 

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