These measures would eliminate the need to increase tax rates to fix the programs.
The Business Roundtable along with other business groups is recommending that Congress address the shortfalls in both programs as part of the debt-ceiling negotiations.
Currently, Medicare, Medicaid, and Social Security comprise 42% of the federal budget. The programs are estimated to account for half of the budget by 2020.
The proposals come as Congress still struggles to negotiate a compromise on spending cuts enacted by the fiscal cliff.

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