Tags: US | Medicare | Spending

Obama Inks Bill Sparing Doctors From Medicare Cuts

Friday, 25 Jun 2010 12:00 PM

 

President Barack Obama has signed a bill that temporarily spares doctors from a 21 percent cut in Medicare payments.

The measure delays cuts through the end of November while lawmakers work on a more permanent solution.

There was some urgency to approve the $6.5 billion bill. Medicare officials announced last week that the program would begin processing claims it had already received for June at the lower rate.

The money had been part of a larger bill to extend unemployment benefits for laid-off workers and provide states with billions of dollars to avert layoffs. That bill has been blocked by Senate Republicans because of the cost.

Special: Tea Party Explodes: Go Inside the Revolution

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Dow Rebounds After Early 400-Point Plunge

Tuesday, 27 Jan 2015 09:52 AM

U.S. stocks tumbled, weighed down by disappointing business forecasts from big-name companies and an unexpected drop in  . . .

Auschwitz Survivors Mark 70 Years After Liberation

Tuesday, 27 Jan 2015 15:49 PM

For what may be the last time, elderly Holocaust survivors returned to the infamous Auschwitz-Birkenau death camp 70 yea . . .

Bobby Jindal Warns of Muslim 'No-Go Zones' In US

Tuesday, 27 Jan 2015 15:30 PM

Louisiana Gov. Bobby Jindal warned that Muslims coming to the United States and not assimilating could create "no-go zon . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved