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Senate Budget Committee chairman Pete Domenici (R-N.M.) blinked today, announcing that Republicans want to create a bipartisan congressional commission to work out the details of theirpolitically-sensitive plan to balance the budgetwithin seven years. The tactic, announced a day before House and Senate GOP leaders are due to unveil their respective budget cut proposals, is an attempt to draw Democrats into a potentially-explosive budget process that may include up to$300 million in Medicare cuts. Also today, Rep. Bill Thomas (R-Calif.), chairman of the Ways and Means health subcommittee, advocated raising the eligibility age for Medicare...
...driving towards a balanced budgetwithin a year or two," Knowles wrote in a letterto the Faculty...
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