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Ligy For Medicare Innovations 8211; Think Locally Controversial Medicare Cost-Cutting Board Back In Congress ; CrosshairsThe House voted to abolish the Independent Payment Advisory Board IPAB , even though no one has even been appointed to the panel and it s not expected to be triggered until 2021 or 2022. The Hill:House Votes To Repeal ObamaCare s Medicare Cost-Cutting Board聽The House on Thursday voted to repeal a controversial Medicare聽cost-cutting board that has drawn the ire of both parties. Lawmakers voted 307-111 to abolish what is known as the Independent Payment Advisory Board IPAB . The board is tasked with coming up with Medicare cu <a href=Link ts if spending rises above a certain threshold聽but has been criticized as outsourcing the work of Congress. Weixel, 11/2 CQ:House Passes Repeal Of Medicare Advisory BoardThe Senate has no clear plans to take up a similar bill in the near future, and the bill may not <a href=Link cup</a> win enough Democratic support to pass that chamber. The board, commonly referred to by its acronym, IPAB, was cr <a href=Link cup</a> eated under the 2010 health law PL 111-148, PL 111-152 , to identify ways to decrease federal spending on Medicare without affecting coverage or quality. The 15-member board hasnt actually been formed, though, and isnt expected to be triggered until 2021, according to a 2017 annual report from the Medicare Trustees. Tennessee Rep. Phil Roe, the lead Republican on the bill, said the types of decisions that IPAB would make when triggered should be made by elected officials. McIntire, 11/2 In other Jivc CBO: Seniors Would Pay Much More For Medicare Under Ryan Plan Thursday, Jun 11 2009Washington Post Reports Next President Likely To Have Tough Time ; With Efforts To Finance Health Care, Other ProposalsThe major presidential candidates have made a number of promises on health care and other issues in their campaign speeches, but whoever wins the White House this fall ... is likely to have a tough time enacting expensive new initiatives because tax collectio <a href=Link originals ultraboost</a> ns are slowing, the budget deficit is rising and the national debt is approaching $10 trillion, the Washington Post reports. According to the Post, at the end of the fiscal year, the federal deficit will reach an estimated record high of $400 billion, and, without major policy changes, Medicare and Medicaid are projected to devour half of all federal spendin <a href=Link samba og</a> g by 2050. An analysis recently conducted by the Tax Policy Center found that the tax proposals of presumptive Democratic presidential nominee Sen. Barack Obama Ill. would reduce federal revenue by almost $900 billion during his first term. That analysis excludes some expensive proposals, including promises to close the gap in prescription drug coverage for Medicare recipients estimated to cost about $400 billion over 10 years and to introduce government-funded health insurance for the uninsured which the campaign estimates would cost as much as $65 billion a year , among others, accordin <a href=Link force 1</a> g to the Post. The analysis also found that the tax proposals of presumptive Republican presidential nominee Sen. Joh | |
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