tci Part B Insider - 2008 Issue 19

REGULATORY NEWS: Lawmakers Agree to 2009 Budget Plan Without Medicare Cuts

Plan would create budget surplus by 2012 without Medicare cuts--but June -08 cuts are left hangingLawmakers on Capitol Hill seem to have Medicare budget concerns on their minds this week, with a surprising budget plan that reveals no cuts to the Medicare program.Both the House of Represen-tatives and the Senate agreed earlier this week to a $3.07 trillion budget conference agreement for 2009. Notably absent from the budget agreement were several steep Medi-care cuts that President Bush had requested earlier this year when he proposed his $3.1 trillion budget. Instead, the agreement doesn't put into place...

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