House Passes Budget Deal Including Sequestration Extension

The House has passed the Bipartisan Budget Act, a two-year plan that would extend sequestration cuts through 2023.

Senate Budget Committee Chairman Patty Murray (D-Wash.) and House Budget Committee Chairman Paul Ryan (R-Wis.) released the proposal earlier this week. It includes $28 billion in spending cuts over 10 years by requiring the president to maintain sequestration cuts in 2022 and 2023, maintaining the reductions at the same percentage of budgetary resources that will be cut in 2021 in accordance with current law.

The deal has drawn criticism from the Federation of American Hospitals. FAH President Chip Kahn told The Hill he expects the proposal will pass, but the group still intends to lobby against the cuts next year. Following the plan's release, he released a statement saying the agreement "sustains bad budget policy" by maintaining and extending "arbitrary Medicare sequester cuts." He wrote members of Congress should oppose the budget deal because it threatens Medicare beneficiaries' access to care.

The Greater New York Hospital Association has also expressed disapproval, sending a memo to members saying the organization is "extremely disappointed" the agreement will extend sequestration cuts.

More Articles on Medicare Payments:
Hospital Advocacy Groups Vow to Lobby Against Budget Deal's Medicare Cuts  
Congress Introduces Budget Deal Maintaining Sequestration, Medicare Cuts
 Bipartisan Panel to Consider Medicare Reform 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars