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A Huge Threat to the U.S. Budget Has Receded. For decades, runaway Medicare spending was the story of the federal budget. Budget news often sounds apocalyptic, but the Medicare trend has been unexpectedly good for federal spending, saving taxpayers a huge amount relative to projections. In a recent letter to the Senate Budget Committee, economists at the Congressional Budget Office described the huge reductions in its Medicare forecasts between 2010 and 2020. Medicare is growing more slowly than ever, but still more quickly than the rest of the federal budget.
Persons: Ronald Reagan, Barack Obama, that’s, , David Cutler, Cutler, haven’t, I’ve, Melinda Buntin, Buntin, Simpson, Bowles, aren’t, Trump, Joshua Gordon, Mitt Romney’s, , Sherry Glied Organizations: Medicare, , U.S, Budget, Harvard, Obama, Affordable, Senate, Congressional, New York Times, Office, White, Office of Management, Johns Hopkins, Social Security, Congress, Federal, Veterans, NASA, Wagner School Locations: Iraq, Afghanistan, N.Y.U, Washington
The UK-based budget airline canceled 1,700 flights between July and September, per Reuters. Disgruntled passengers stranded by a budget airline's flight cancellations are blasting the "disgusting" hotels the carrier put them in. Of the 90,000 flights scheduled for the rest of July and August, British budget airline EasyJet has canceled around 1,700 flights, predominantly from London's Gatwick airport, Reuters reported on Monday. Twitter user @angeldelight28 shared pictures of the hotel room she said EasyJet had put her up in after her flight to Liverpool was canceled, leaving her stranded in Larnaca, Cyprus. The pictures showed a barebones hotel room with unidentified stains over the patio and bathroom floors.
Persons: EasyJet, Clare, Zoe Wright, Mark Buntin, Insider's Hannah Towey, honeymoons Organizations: Morning, EasyJet, Reuters, Twitter, Liverpool, Daily, Sky News, Gatwick Locations: EasyJet, London's Gatwick, Larnaca, Cyprus, lanzarote, Bristol, Luton, Dalaman, Turkey, Europe, Russia, Ukraine, Amsterdam's
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