The bill blocks sequestered cuts to the Pentagon budget — part of last summer’s debt-ceiling agreement— and replaces those automatic defense budget cuts with the reductions in federal healthcare spending.
While the passage is largely symbolic in that it will not get through a Democratic-controlled Senate, it highlights the stance the GOP will take on healthcare this election season.
More Articles on Healthcare and Politics:
2% Medicare Cuts Retained, Other Healthcare Spending Slashed Under House Committee Reconciliation Bill
Who is Better for Healthcare — Barack Obama or Mitt Romney?
PPACA’s Bronze Plans to Cost More Than Employer-Based Coverage
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.