House Votes To Remove Medicare Cuts From Trade Bill
Posted on Friday, June 12, 2015 9:35 AM
Earlier this week, the House voted 397-32 to remove Medicare cuts from legislation that would have used Medicare dollars to help pay for the expansion of the Trade Assistant Adjustment program.
The legislation must now pass in the Senate, which has approved the Medicare cuts despite opposition from provider groups. The cuts would extend sequestration through 2024 and add an additional 0.25% cut to the 2% cut implemented in 2013. An additional cut would take $700 million from Medicare in 2024. Provider groups have criticized the Medicare cuts, calling them "unwise" and "alarming."
to read more.