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News related to "sequestration"
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Senate Votes to Extend Sequestration Suspension
On March 31, 2021 by Jeff Bostic
Last Thursday, the US Senate voted to extend the suspension of the 2% sequestration cut for all Medicare services through the end of 2021. Congress initiated sequestration in 2011 to limit Medicare costs by reducing all payments by 2%. With the onset of the COVID-19 pandemic, the sequestration was suspended for a year by Congress last April 1. The coming expiration of that suspension led to the Congressional activity to extend it further.
Short-Term Measure Ends Partial Government Shutdown; Concerns Remain
On January 29, 2019 by Bobbie Guidry
An agreement was reached last week to end the partial federal government shutdown and reopen affected agencies, including the U.S. Housing & Urban Development Department, for three weeks.
FY18 Federal Budget: Good News, Bad News
On February 14, 2018 by Jodi Boyne
President Donald Trump last week signed a $320 billion budget agreement and stop-gap funding through March 23 that ended a blink-and-you-might-have-missed-it government shutdown. There is some good news and bad news for aging services providers: