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Goldman Sachs has said that the oil price could fall to $20 a barrel if the warm winter cuts fuel consumption - which would be good for drivers, but bad for North Sea industries, and potentially catastrophic for countries that rely on oil, like Russia.
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The losses are on top of 1,000 cuts announced earlier this year.
Congress has regularly overridden the 1997 cuts in Medicare payments.
December 2014: Cuts its interest rate to meet new charge cap.
It's really like death by 1,000 cuts".
It's a different scale to the Thatcher cuts of the 1980s or the 1976 cuts.
It is trimming 2,500 positions in addition to 8,000 cuts announced last year, a spokeswoman, Michele Drake, said.
(About 5,000 cuts have already been announced).
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They could be its largest ever, topping a prior record of 5,800 cuts.
But, together, this cabal may result in "death by 1,000 cuts".
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CEO of Professional Science Editing for Scientists @ prosciediting.com