February 14, 2011

Good News, Docs and Vendors: No Medicut

According to the Associated Press, the Obama administration proposes $3.73 trillion for the next budget cycle, as part of its plan to shrink the federal deficit by $1.1 trillion over the coming decade. $62 billion of the savings would be used to avoid cuts in Medicare payments to physicians over the next two years. The full proposed budget is expected to be released later today.