Congress Near a Deal to Pay for Tax Breaks

The Associated Press (AP) and other sources report that Congress is nearing a deal on annual  tax  breaks and “extenders” that likely will  include an extension of COBRA subsidies and unemployment benefits,  it is also rumored that the deal will include some SGR rate fix for Medicare providers (a 21% fee cut has been delayed a few times and legislation under consideration may delay fee cuts for up to five years). It is not clear from media reports whether or not the related deal making  will also extend the enhanced Medicaid FMAP enacted last year to help keep state Medicaid programs solvent. 

Click here to read the full AP article on the potential tax breaks.