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May 25 (Bloomberg) -- Former US Senator Alan Simpson, co-chairman of the White House Commission on Fiscal Responsibility and Reform, discusses the outlook for the federal budget deficit and the need to make cuts to entitlement programs and defense spending. Simpson speaks with Peter Coook on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)
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WASHINGTON mdash; The GOP plan to replace Medicare with vouchers will have to wait, party leaders acknowledged Thursday as lawmakers and the White House bowed to political realities in pursuing a deal to allow more government borrowing in exchange for big spending cuts.
 
Should Congress have cut Medicare half a trillion dollars -- to pay for Obama-care? Renee Ellmers says no. She says cutting Medicare hurts senior citizens. Bob Etheridge voted yes. He voted with President Obama and cut Medicare half a trillion dollars. As long as Obama's in the White House...we can't let a Democrat represent us in Congress. (Renee Ellmers) I'm Renee Ellmers and I approved this ad. Join my campaign at www.reneeforcongress.com
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It Hasn't Been Pretty The Economist When a bill emerges, and the president signs it into law, Democrats will hail the most significant social legislation America has enacted for decades. But the victory has a dark side. The titanic struggle has shown American democracy in a dim light (1/14). Deja Vu Slate The White House is always taking a "more active role" in health reform negotiations. This ...
 
How congressional leaders and the White House address Medicareâ??s reimbursement formula in their health care negotiations will signal how serious they are about true reform.

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