Medicare and the Federal Budget: Comparison of Medicare Provisions in Recent Federal Debt and Deficit Reduction Proposals
Many of the budget proposals and debt-reduction plans being considered by Congress and the Administration include proposals that would achieve substantial savings from the Medicare program over time. This brief features a side-by-side comparison of the key Medicare provisions in four major budget and debt-reduction plans:
- President Obama’s Budget for Fiscal Year 2014, released by the OMB on April 10, 2013;
- The Senate Concurrent Budget Resolution for Fiscal Year 2014, passed by the Senate on March 23, 2013;
- The House Concurrent Budget Resolution for Fiscal Year 2014, passed by the House on March 21, 2013; and
- The National Commission on Fiscal Responsibility and Reform’s proposal, chaired by Erskine Bowles and former Senator Alan Simpson, first released on December 1, 2010.
The brief also includes short descriptions of Medicare proposals in several other deficit-reduction proposals recently put forward by other members of Congress and influential policy groups. The Foundation will update its side-by-side comparisons as needed to reflect new proposals and changes.
The side-by-side summary is part of the Foundation’s Project on Medicare’s Future, which focuses on producing timely analysis of leading Medicare reforms affecting people on Medicare.