President Signs Budget Deal
Wednesday, November 4, 2015
by: Sarah Bogdan, Director of Legislative Affairs

Section: Public Policy and Advocacy




President Obama signed a two-year budget agreement on Monday that averts a potential government shutdown and increases the debt limit. The deal sets budget levels for two years, lifts the debt ceiling until March 2017, removed the threat of a government shutdown until Oct. 2017 and addressed the Medicare Part B premium spikes for some of the affected beneficiaries. The pay-fors included extending the Medicare sequester for another year (through 2025), repealing the Affordable Care Act requirement that large employers (employers with more than 200 employees) automatically enroll employees in their health plans, and establishing new payment rules for hospital outpatient department services, among other items.
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