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Tuesday, December 20, 2011

House "Disagrees" With Senate's Two Month Medicare Compromise

The U.S. House of Representatives voted to "disagree" with Senate-passed legislation that called for a two month extension of the payroll tax holiday as well as many other provisions including Medicare extenders for several rural programs and delay of the Medicare Sustainable Growth Rate that will reduce physician fee schedule payments by up to 27%. The House called for a conference committee to resolve differences between the two chambers' bills. It's not certain whether either Representatives, who are adjourning today, or Senators, who left DC over the weekend, will be reconvening before the end of 2011. Updates and information will be shared as they are available.