The co-chairs of the National Commission on Fiscal Responsibility have come up with a list of proposals of possible cuts in order to help offset the looming national deficit. Balancing the budget by 2015 will require finding ways to save $200 billion. So far, no decisions have been made on what programs should be cut, and lawmakers have to agree on where to begin.
So, we're doing the job for them - at least hypothetically. All this week, we're picking one program a day to cut and looking at what the ripple effect would be of doing so.
Today we make cuts in health care, including reducing the tax exemption for employer-provided health insurance and reducing costs from Medicare. Trudy Lieberman, health care blogger for the Columbia Journalism Review, explains how making these cuts would impact millions of Americans.