November 15, 2017 | Today’s News
Today's Top Story CBO: Tax proposal could force cut to Medicare funding The U.S. Congressional Budget Office (CBO) states that a tax reform proposal currently under consideration in the U.S. Congress could result in a mandatory cut of up to $25 billion in Medicare funding during 2018. The Statutory Pay-As-You-Go Act of 2010 (PAYGO) requires that new congressional legislation not collectively increase estimated deficits. If a net increase in the deficit occurs, the U.S. Office of Management and [...]