Predictably, the U.S. Senate approves legislation that gives doctors a one-year reprieve from the proposed 24% Medicare pay cut specified under the Affordable Care Act. The House passed the measure last week. President Obama is expected to quickly sign the bill.
The $21B measure is supposedly paid for by cuts to health care providers, but 50% of the reductions won't happen for 10 years.
Congress will have to pass "doc fix" legislation again next year.