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Britons warned to expect ‘disappointing’ rise in energy bills in January
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Price cap for Great Britain forecast to rise to £1,736 a year for average
dual-fuel bill, according to Cornwall Insights
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29 minutes ago
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“Republicans will give a political answer: the president’s plan is not enough,” Mr. Hobson said. “It may not be enough in their eyes, but they will take it and build on it.”
The prospect of further cuts worries health care providers because it comes on top of the new health care law, which reduced payments to most providers to help offset the cost of extending coverage to millions of uninsured Americans.
While Mr. Obama has signaled a willingness to make health spending a top source of budget savings in the current debate, he has not sent a similar message on Social Security even though in budget talks with Republicans earlier this year he entertained the idea of changing the way annual increases in payments are calculated. The president did not mention changes to Social Security in his latest speech, a fact that could bolster Democrats who believe they may have a new political opening on that program, given that Gov. Rick Perry of Texas, a top Republican presidential candidate, has attacked the program as a government-sponsored Ponzi scheme.
But Mr. Obama has said that “health care cuts” need to be part of any deal, and he has already given a preview of the cuts he is likely to propose next week. In April, he unveiled a framework for deficit reduction that he said would save $480 billion in Medicare and Medicaid by 2023.
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