President Barack Obama on Tuesday asked a group of healthcare industry trade groups for an update by early June on their promised effort to help him achieve some $2 trillion in cost savings over the next decade, Reuters reported.
"I appreciate the commitment you have made to healthcare reform by pledging to do your part to reduce our nation's annual healthcare spending growth rate by 1.5 percentage points," Obama said in a letter to the groups the day after they made their pledge.
"I would like you to update my administration by early June on the progress you have made toward fulfilling this important commitment," the letter said.
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