President: ‘Shared Sacrifice’ Means ‘Taking On Health Care Spending’ (Video Excerpts)
In his second news conference in a week, President Barack Obama said he is "willing to look at" a number of ways to reduce health care spending, including provider cuts and changing the eligibility age for Medicare. But he dismissed the Republican approach, saying "it's not necessary to completely revamp" Medicare to deal with the deficit and the debt ceiling.