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It doesn't matter if health care spending is up, down: The White House says it's all good news

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The Commerce Department announced Wednesday that the U.S. economy contracted at an annual rate of 2.9 percent in the first quarter of 2014, one of the worst declines since the start of the Great Recession in 2007. As it turns out, part of the reason that the initial figures were revised lower is because federal officials were overgenerous with their health care spending estimates. So when news...

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