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Barack Obama praised the health care industry’s promise to cut $2 trillion in costs over 10 years Monday, taking a sharply different course than President Bill Clinton did 16 years ago in an opening bid to overhaul the U.S. health system.
Obama Says Health Groups Pledging to Trim Rising Cost (Bloomberg via Yahoo! News)
May 11 (Bloomberg) — President Barack Obama, in what he called a watershed event, received pledges today from drugmakers, hospitals, insurers and other related groups to slow health-care spending by 1.5 percent a year over the next decade.
