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President Barack Obama on Tuesday held what the White House described as a productive meeting with Ways and Means Democrats on health care overhaul legislation, telling Members that he will soon lay out new savings in Medicare and Medicaid, according to a White House readout of the session.
During the White House session, Obama reiterated his support for his own revenue-raising proposal, a plan to reduce deductions for higher income earners that has so far been rejected by Congress.
Ways and Means Chairman Charlie Rangel (D-N.Y.) said he was satisfied with the meeting.
We could not ask for a better leader than President Obama to put America back on track for economic recovery and work to fix our broken health care system, Rangel said in a statement. Todays meeting underscored that we share the same principles and commitment to health reform and we look forward to President Obamas continued leadership to make this critical effort a reality.