Protecting the American Taxpayer and Medicare Act

12/30/2022, 3:18 AM

Protecting the American Taxpayer and Medicare Act

This bill makes several budgetary and technical changes, particularly in relation to Medicare.

Specifically, the bill continues to exempt Medicare from sequestration until March 31, 2022. (Sequestration is a process of automatic, usually across-the-board spending reductions under which budgetary resources are permanently cancelled to enforce specific budget policy goals.)

Additionally, the bill (1) temporarily extends other provisions under Medicare, including a payment increase under the physician fee schedule; and (2) requires any debits recorded for FY2022 on the statutory pay-as-you-go (PAYGO) scorecards to be deducted from the scorecards for 2022 and added to the scorecards for 2023.

Congress
117

Number
S - 3344

Introduced on
2021-12-08

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

12/8/2021

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Protecting the American Taxpayer and Medicare Act

This bill makes several budgetary and technical changes, particularly in relation to Medicare.

Specifically, the bill continues to exempt Medicare from sequestration until March 31, 2022. (Sequestration is a process of automatic, usually across-the-board spending reductions under which budgetary resources are permanently cancelled to enforce specific budget policy goals.)

Additionally, the bill (1) temporarily extends other provisions under Medicare, including a payment increase under the physician fee schedule; and (2) requires any debits recorded for FY2022 on the statutory pay-as-you-go (PAYGO) scorecards to be deducted from the scorecards for 2022 and added to the scorecards for 2023.

Alternative Names
Official Title as IntroducedA bill to protect the American Taxpayer and Medicare.

Policy Areas
Health

Potential Impact
Administrative law and regulatory procedures
Budget deficits and national debt
Budget process
Cancer
Congressional oversight
Department of Health and Human Services
Health care costs and insurance
Health care coverage and access
Health care quality
Health personnel
Health programs administration and funding
Medicare
Radiation

Comments

Recent Activity

Latest Summary12/21/2021

Protecting the American Taxpayer and Medicare Act

This bill makes several budgetary and technical changes, particularly in relation to Medicare.

Specifically, the bill continues to exempt Medicare from sequestration until Ma...


Latest Action12/8/2021
Read twice and referred to the Committee on Finance.