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Republican McCarthy Unveils Plan to Lift US Debt Ceiling, Cut Spending
Reuters | By Andy Sullivan
WASHINGTON, April 19 (Reuters) - Republican U.S. House Speaker Kevin McCarthy on [last] Wednesday unveiled a plan to raise the nation's debt ceiling by $1.5 trillion and cut federal spending by three times that amount, laying out an opening position in what is likely to be a tense partisan debate over government borrowing.
McCarthy's proposal, which he unveiled on the floor of the House of Representatives, would cut the total amount of domestic and military spending to 2022 levels and cap growth at 1% annually in years to come. It would not touch retirement and health programs that are projected to expand dramatically as the population ages.
President Joe Biden and the Democratic-controlled Senate are likely to reject the proposals, but McCarthy said they would serve as the basis for negotiations between the two parties over raising the federal government's $31.4 trillion debt limit in the coming weeks. Failure to raise the debt ceiling would lead to default that would shake the U.S. and world economies.
McCarthy's plan would also repeal green-energy incentives signed into law by Biden last year, boost domestic oil and gas production and scrap his $400 billion student-loan forgiveness effort.
It would claw back unspent COVID-19 relief money, cancel a recent budget increase for the Internal Revenue Service and impose stiffer work requirements for some benefit programs.
Congress would gain greater power to block Biden administration regulations under the proposal as well.
McCarthy said the package would lower spending by $4.5 trillion over the coming 10 years. That would not be enough to eliminate budget deficits that are projected to add more than $20 trillion to the national debt over that time period.
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CHAP Appendix M Updates
CMS revised the State Operations Manual Appendix M for hospice providers and surveyors. CHAP has developed free resources to help you keep compliant with the recent content and regulation changes.
Read CHAP’s Appendix M Q&A
Watch CHAP’s CMS Appendix M Update Highlights Learning Module |
Utah Pain Summit
May 19-20, 2023 (7:30 a.m. – 5:00 p.m.)
Hyatt Regency, Salt Lake City, UT
Join us this year for our Utah Pain Summit! A conference with one goal in mind, to bring providers and students from various backgrounds together to change the care of the individual pain experience. The latest in Pain Management research Acquire knowledge and techniques to apply to your patient care immediately. Networking opportunities with industry professionals Earn up to 13 educational credits.
Use promo code SCHC50 at www.theutahpainsummit.com to save $50 off of your purchase. |
APTA Home Health / NAHC Webinar – Stay Alert for High-Alert Medications in Home Health: Anticoagulants and Insulin
Thursday, April 27, 2023 | 2:00- 3:00 PM EDT
APTA Home Health is collaborating with the National Association for Home Care & Hospice (NAHC) for this nation-wide free webinar. The presenter, Melissa Bednarek, PT, DPT, PhD will define high-alert medications and focus specifically on anticoagulants and insulin. The indications, mechanism of action, side effects and clinical implications for each medication class will be discussed.
Learning Objectives:
- Define high-alert medication and list included medication classes.
- Describe the indications, mechanism of action, common side effects and implications for a home health patient taking anticoagulants.
- Describe the indications, mechanism of action, common side effects and implications for a home health patient taking insulin.
Speaker: Melissa Bednarek, PT, DPT, PhD
Price: FREE
Register |
Reminder: Medicare Credit Balance Reports Due
As a reminder, the Medicare Credit Balance Report for the quarter ending March 31st is due by April 30, 2023. If we do not receive a completed CMS-838 form and/or certification page for an individual provider transaction access number (PTAN) timely, we will suspend all claim payments at 100%.
Use the myCGS Portal to:
1. Ensure your report is legible and received timely. Don’t worry about delivery delays or technical issues with fax transmissions. myCGS allows you to complete and submit the required information electronically and instantly.
2. Receive confirmation. myCGS will send a message to your inbox to confirm receipt of the form.
3. Check status. Once accepted, myCGS will also send a message with a submission ID you can use to check the status.
Avoid suspension of your Medicare payments! Reference the myCGS User Manual (Financial) for step-by-step instructions and submit your Medicare Credit Balance Report in myCGS today!
For general questions about the Medicare Credit Balance Report, please reference our website or call the Provider Contact Center:
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