NPR's Jon Greenberg reports that early this morning the Senate Finance Committee approved the Republican's plan to overhaul medicare and medicaid. The legislation now goes to the Senate floor. The plan calls for senior citizens to pay more in medicare premiums and deductions, and also lets states use block grant to run medicaid, which serves poor women and children and elderly in nursing homes. The Republicans say their plan would reap billions of dollars in savings, thereby saving medicare. President Clinton today said the Republican plan is ill-considered and goes too far.
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