Dec. 13, 2011: House Votes on Medicare Issue

Yesterday, December, 13, 2011, I along with hundreds of other United States doctors received a Medscape News Alert.   The following is an excerpt from the article we received. The above link can give you more information.“Approved in a 234-193 vote, the House bill would extend a temporary cut to the Social Security payroll tax paid by workers for 1 more year, keeping it at 4.2%. Without this renewal, the tax will return to its former level of 6.2% on January 1. House Republicans propose paying for the extension by, among other things, increasing Medicare premiums for high-income beneficiaries and freezing compensation for federal workers through fiscal 2013. Senate Democrats, however, want to offset the cost by imposing a surtax on millionaires, a move already kiboshed by their Republican opponents.”