Senate Finance Committee Republicans have submitted a deficit-reduction proposal to the super committee calling for a repeal of the Affordable Care Act and significant changes to Medicare and Medicaid.
House Majority Leader Eric Cantor (R-VA) outlined this week a list of Medicare and Medicaid changes, including cuts to healthcare providers, which could save $353 billion over the next 10 years. Cantor's proposals are the result of ongoing deficit reduction negotiations led by Vice President Joe Biden.
Senate Finance Committee Chairman Max Baucus (D-MT) said Wednesday that a proposal to implement "blended" payment rates for Medicaid is "on the table" in negotiations over raising the federal debt limit. This proposal could save the government up to $100 billion over 10 years, the Bureau of National Affairs reports.