Detailed text transcripts for TV channel - FOXNEWS - 20111122:17:05:00
Cap on spending in gdp plus .5%. since medicare typically grows two to three points more than that, even more interesting how the president would enforce the limits. he'd use the independent payments advisory board created by the health care law, but it had only one power; to impose price controls on providers which makes seniors' groups a bit nervous. >> there's costs that go wof the cap -- above the cap, we're going to be stopping for that year and, in essence, leads to the rationing of care. so we can't have arbitrary caps in the medicare program. >> reporter: so when doctors are simply tol...