Congress · 119th Congress
Florida officials, lawmakers probe stalled Medicaid application
↵↵Beginning Jan. 1, 2028, those payments will be reduced by 10 percent each year until they reach the rates stipulated in the reconciliation law.
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Congress · 119th Congress
States eager for final decisions on $50B health care fund
↵↵The wide-ranging law reduces health spending by about $1 trillion over a decade, primarily from changes and cutbacks to Medicaid and the Affordable Care Act's insurance exchanges.
Congress · 118th Congress
CBO: Debt limit to hit as soon as July, budget picture worsens
That compares to already slowing growth in 2022, when the economy expanded by an inflation-adjusted 1 percent, down sharply from the previous year coming out of the pandemic-induced downturn.
Congress · 118th Congress
Ideological, regional diversity hallmarks of tax panel’s frosh
/p> Steel pointed to the need for more Western representation and that she wants to work on trade issues given her district’s role in foreign trade; the ports of Los Angeles and Long Beach were Nos. 1
Congress · 118th Congress
McCarthy, House Republicans reframe debt limit strategy
Dodaro, U.S. comptroller general, estimated during a House Oversight and Accountability Committee hearing Feb. 1. Niels Lesniewski, Aidan Quigley, David Lerman and Paul M.
Congress · 118th Congress
Thomas Massie will wear his ticking debt clock to the State of the Union
“A 1 percent cut is an incentive for both Republicans and Democrats to come to the table,” Massie said.
Congress · 118th Congress
Parties dig in for protracted fight over debt ceiling
the National Action Network’s Annual MLK Day Breakfast he mocked Republicans for talking about “big-spendin’ Democrats” when the deficit dropped by roughly $350 billion in fiscal 2021 and more than $1
Congress · 117th Congress
Say it ain’t so: Reconciliation back on the table for raising debt limit
Democrats could bring it straight to the floor in that chamber under “automatic discharge” rules since it’s well after an April 1 deadline for Senate Budget Committee action.
Congress · 117th Congress
Home health groups fight back against proposed cuts
The new payment system took effect Jan. 1, 2020, but CMS initially held off on the cuts because of the COVID-19 pandemic.
Congress · 117th Congress
Doctors lobby Congress for Medicare payment bump, again
Doctors are again ramping up what has become a perennial lobbying campaign to urge Congress to increase Medicare payments in order to offset cuts scheduled to go into effect Jan. 1.
Congress · 117th Congress
After four-hour debate, Senate begins voting on budget bill amendments
Kyrsten Sinema, D-Ariz., including adjustments to a 15 percent corporate minimum tax based on income reported to shareholders, a 1 percent tax on companies’ stock buybacks and $4 billion for drought relief
Congress · 117th Congress
Debate begins on massive budget package; ‘vote-a-rama’ awaits
A 1 percent tax on what companies spend on stock buybacks was added in to boost revenue, with higher taxes on a form of pay for investment fund managers, “carried interest,” out due to Sinema.
Campaigns · 117th Congress
Democrats double down on abortion rights after Kansas referendum
“The economic mess Democrats created by ignoring their own economists and saddling Americans with record-high prices is the No. 1 issue in every competitive district,” said Michael McAdams, a spokesman
Congress · 117th Congress
Groups launch last-ditch effort against drug pricing changes
It recently announced a $1 million ad buy to run on D.C.-area cable channels from July 1 through Aug. 5.
Congress · 117th Congress
Manchin: Deal’s tax increases won’t hurt businesses, raise prices
“Enough’s enough for the one-tenth of 1 percent of the wealthiest people in the country having an advantage. So I’m hoping everybody’s OK.”
Congress · 117th Congress
Health care budget bill to face open-ended ‘vote-a-rama’
The original fiscal 2022 budget resolution provided “instructions” to the Senate Finance panel that its part of the bill must lower deficits by at least $1 billion over a decade.
Congress · 117th Congress
Reconciliation talks complicated by ‘SALT’ tax hurdle
Their negotiations have focused on a package that would raise roughly $1 trillion in revenue, with half to offset spending initiatives on climate and potentially health care and the other half for deficit
Campaigns · 117th Congress
Rick Scott has no regrets about calling for Biden to resign as both sides go bare knuckles
The president made clear that the midterm elections were very much on his mind at the top of his remarks, saying: “Today, I’d like to talk about two potential paths forward to address the No. 1 challenge
Congress · 117th Congress
Small businesses worry final aid package will neglect them again
Steven Gentile had to shut down his amusement park for the entire 2020 season, burning through his emergency fund halfway through the year and taking on over $1 million in debt.
Congress · 117th Congress
Lawmakers, advocates hopeful for more bills to curb maternal deaths
Since it went into effect April 1, four states have already begun implementation.