New York Times: At White House, Industry Leaders Pledge to Reduce Health Care Costs

From The New York Times: A range of leading health-care providers joined President Barack Obama on Monday in announcing their promise to sharply reduce the growth of national health spending, a move that could ease the path toward his goal of comprehensive coverage for Americans.

Mr. Obama welcomed the pledge, following a White House meeting with representatives of hospitals, doctors, insurance companies and drug makers, as an “unprecedented commitment.” He was joined for the announcement in the State Dining Room by several of his top health, economic and budget advisers.

By giving such prominence to a promise that lacks many specifics, or any sort of enforcement mechanism, the president appeared eager to give the pledge greater substance through his strong embrace, while building momentum for his broader ambition to make health care available to every American.

To read the entire article, click here.