Economy news and information

Falling closely in line with the Obama administration's analysis last month, the nonpartisan Congressional Budget Office estimates that the policies in President Barack Obama's fiscal 2014 budget proposal would reduce Medicare spending by about $364 billion over 10 years, compared with the...
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Democrats and Republicans played another game of political tennis this week when House Republicans served up another vote to fully repeal the Patient Protection and Affordable Care Act and Democrats returned a litany of reasons why the 2010 law is good for Americans.
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For the third time since early 2011, the House of Representatives approved legislation to fully repeal the Patient Protection and Affordable Care Act.
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The acute-care hospital Producer Price Index dropped 0.6% in April, preliminary data show. The decline is the largest one-month slide for the hospital inflation measure since January 2004, the first month for which data are available.
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Senate Finance Committee Chairman Max Baucus opened the panel's first hearing in six years on Medicare physician pay with assertive rhetoric about scrapping the hated sustainable growth-rate formula this year. .
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Physician advocates see signs of progress in the Senate Finance Committee's hearing Tuesday—the panel's first in six years on replacing Medicare's physician payment system.
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President Barack Obama is launching a new effort to rally the public around his hotly disputed healthcare law, a strategy aimed at shoring up key components of the sweeping federal overhaul and staving off yet another challenge from Republicans.
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The recession's drag on health spending didn't fully explain the recent record slow growth in health spending, say studies that aim to identify what, if anything, suggests the slowdown may last.
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Job creation at physician offices rebounded in April and helped contribute to 19,000 new healthcare jobs in April, but the figure represents a second month that the sector made a relatively weak contribution to the job market, according to the U.S. Bureau of Labor Statistics.
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For a moment, set aside the debate over what happened since the recession to slow health spending to record lows. The slowdown held health spending to roughly the same rate of growth as the economy for two consecutive years after the recession, the most recent data show.
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