Federal Budget Deal does not fix the SGR

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The deal between the White House and Congress will keep the federal government operating through the first quarter of 2013. Based upon current estimates SGR cuts may be as high as 30%, with the Congressional Budget Office estimating cuts to be in the 22% to 26% range. There are many options on the table to deal with the SGR, but based upon the current agreement, those options will be addressed after the budget deal has been passed.

All we can say at CMEonline is stay tuned and don't hold your breath. In the past a real fix has been pushed back, and pushed back, and pushed back. We can only hope that Congress and the White House finally stop kicking the can and directly address this growing white elephant.