The task force says country faces serious challenges with aging population.
Only a small group in the House opposed the $200 billion legislation.
The support comes despite concerns over children's heath insurance funding.
House and Senate Republicans will work on budgets and preventing cuts to Medicare payments.
They argue there is no purpose in proposing solutions that Obama will never support.
Sen. Chuck Grassley argues for leaving details out of budget plan.
The deal would repeal a formula used to pay doctors under Medicare.
Pelosi said "we are proceeding in a positive way" on Medicare payment formula deal.
Senate Republicans are expected to lay out their budget this week.
The Medicare physician payment and funding crisis can't be resolved by throwing money at it.
OPINION | The U.S. has big advantages over its international competitors.
GOP leaders are starting to grapple with childhood vaccines as a measles outbreak widens.
The so-called "doc fix" passed the House on Thursday.
A number of Senate Democrats are balking at package to prevent cut in physician payments.
Planned Parenthood opposes the Medicare deal over abortion provisions.
The senators are unhappy with a deal being brokered by John Boehner and Nancy Pelosi.
The biggest hurdle, the deal's price tag, is still uncertain.
Investigators recouped about $1 billion less in wasted dollars over the last year.
Pelosi all but predicts that a vote on the deal will happen.
Conservatives in the House are assailing the $210 billion deal.
House leaders are closing in on a deal to permanently avert cuts in payments to physicians under...
Speaker John Boehner and his leadership team are quietly coordinating a bill.
Establishing opportunity for all and favoritism to none by cutting both its size and scope.
Of the 1.2 million people with HIV in the U.S., 168,000 are unaware.