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Health Care Lobbyists Want Debt Committee to Fail

September 8, 2011

By Tim Reid and Anna YukhananovWASHINGTON (Reuters) Sep 06 – The powerful healthcare industry hopes a congressional “super committee” tasked with slashing America’s debt will fail and is lobbying instead for automatic spending cuts that will kick in if the panel deadlocks.Much of the health sector believes the spending cuts, which will be triggered if the committee fails to find at least $1.2 trillion in savings over 10 years, will be…. Read More…

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