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Hoyer: Doc-Fix Bill Hinges on Senate Adopting Pay-Go Rules

Sen. Roland Burris (D-Ill.) isn’t the only Democrat playing hard-ball on health reform this year. House Majority Leader Steny Hoyer (D-Md.) told reporters

Jul 31, 2020
Sen. Roland Burris(D-Ill.) isn’t the only Democrat playing hard-ball on health reform this year. House Majority Leader Steny Hoyer (D-Md.) told reporters Tuesday that the House won’t support a $245 billion proposalto revamp Medicare’s physician reimbursement formula unless the Senate agrees to adopt pay-as-you-go rules for most other elements of federal spending.
The House already passedpay-go legislation this year, exempting four expensive items— including the doc-fix — but only if one of three conditions were met. Either statutory pay-go has to be in law (the Senate hasn’t passed it); the doc-fix proposal has to be paid for (it’s not); or statutory pay-go has to be attached to the bill as a rider.
Hoyer explained the strategy Tuesday.
In consideration of those exceptions, you must pass and put in place statutory pay-go so that we cannot do it for other things. So we can take some very substantive, important steps forward in bringing fiscal discipline to this nation, which needs it.
They’ll have some time to work things out. The Senate, which was expected to take up the doc-fix bill Tuesday, has delayed the floor debate while chamber leaders continue to negotiate amendments.
Camilo Wood

Camilo Wood

Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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