Hospitals are not happy that Congress voted last week to extend Medicare cuts under budget sequestration by one year, to 2024. Lawmakers extended the Medicare cuts to reverse a $6 billion cut to pension benefits for military veterans.
The legislation to replace the pension cut for veterans under age 62 with the extension of the Medicare sequester cut passed overwhelmingly in both the Senate and House, and President Barack Obama is expected to sign the bill.
Previously, House Republicans had considered tying the pension provision to a bill to raise the nation's borrowing authority. But House Speaker John Boehner (R-Ohio) opted to move forward with a clean debt-ceiling bill over the opposition of most Republicans. So the House passed the pension legislation separately after the debt-ceiling legislation was approved with mostly Democratic support.