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Monday, November 21, 2011

Update on Super Committee

Prospects look dim that the Super Committee will reach an agreement to reduce the nation’s deficit by $1.2 trillion over the next ten years. Lawmakers are already looking ahead to required sequestration, to begin in January 2013, that would cut $1.2 trillion from the federal budget over ten years through reductions in defense, discretionary spending, and Medicare provider rates (up to 2%). NRHA has prepared a fact sheet that looks at the impact of sequestrationon Critical Access Hospitals. Additional resources and information will be posted on our website as they are available.