The Corner

A First Bite at Obamacare

Via the Hill:

The payroll tax cut package under discussion in Congress would take the first real bite out of President Obama’s healthcare reform law, according to congressional aides and lobbyists. 

A tentative deal struck late Tuesday between House Ways and Means Committee Chairman Dave Camp (R-Mich.) and Senate Finance Committee Chairman Max Baucus (D-Mont.) would cut federal healthcare spending by $21.1 billion. 

The savings would be used to pay for a “doc fix” that would eliminate a scheduled 27.4 percent reduction in Medicare physician payment rates for 10 months. 

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