NEW YORK (CNNMoney.com) – Lawmakers searching for a way to pay for health care reform are facing some rough waters.
Sen. Max Baucus, chairman of the Senate Finance Committee, has said repeatedly that health reform would be paid for with a combination of spending cuts and tax increases.
Baucus and others have made some progress through savings in Medicare, Medicaid and other programs.
On Wednesday, for instance, Vice President Biden said hospitals would reduce costs by $155 billion over 10 years. But nothing is final until that deal between the White House and business - and a similar one reached with drugmakers last month - is written into legislation.
And on the revenue side of the equation, there is still no apparent consensus.