GOP opens Medicare hearing with assault on health law's cost-cutting board

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The IPAB repeal effort gained new momentum on Monday when Ways and Means health panel member Bill Pascrell (D-N.J) became the 17th Democrat to sign onto the House repeal bill. And in the Senate, repeal sponsor John CornynJohn CornynHillicon Valley: Experts worry North Korea will retaliate with hacks over summit | FBI works to disrupt Russian botnet | Trump officials look to quell anger over ZTE | Obama makes case for tighter regs on tech Senate GOP sounds alarm over Trump's floated auto tariffs Administration works to assuage critics over ZTE deal MORE (R-Texas) introduced legislation earlier this month that's paid for by making people repay their health law subsidies if an income increase changes their eligibility status.

Ryan highlighted the IPAB, which Republicans refer to as a "rationing board," to champion his own "premium support" approach of giving seniors subsidies to buy private insurance.

However, Democrats and many healthcare experts say Ryan's approach would shift more healthcare spending onto seniors.