Finance
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Senator says doctors' group is selling its support

New York Times, October 26, 2009

In a speech on the Senate floor, Senator Bob Corker (R-TN) lashed out at Democrats and their plan to permanently adjust a Medicare doctor payment formula at a 10-year cost of nearly $250 billion that will be added to the federal deficit. Corker said the bill, sponsored by Senator Debbie Stabenow, Democrat of Michigan, is "designed to pass a quarter of a trillion dollars of unfunded liabilities on to future generations." Corker also accused the American Medical Association of prostituting itself by agreeing to support the Democrats' healthcare legislation in exchange for the formula fix.