Fiscal Cliff Fun Facts – What happens if we take the jump?
DECEMBER 13, 2012
For example, the cliff would cut Medicare hospital related payments by 2 percent, but suggested alternatives could cut even more. In the health care world, one part of the “cliff” is an automatic 27% cut January 1 in Medicare fees for physicians and other practitioners. From fiscal year 2012 to 2013, federal tax revenue is expected to increase $399 billion, almost 20 percent. As we go into this holiday season the U.S.