WASHINGTON, June 29 -- Sen. Kirsten Gillibrand, D-New York, issued the following news release:

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Gillibrand, Colleagues Launch Push To Cap Medicare Costs For Seniors

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U.S. Senator Kirsten Gillibrand (D-NY), ranking member of the Senate Aging Committee, along with 14 of her Senate colleagues, introduced the Medicare Cost Cap Act to create a $5,000 cap on out-of-pocket costs for Traditional Medicare (Parts A and B) beneficiaries.