How Sequestration Will Reduce Health Care Spending
The Kaiser Family Foundation is out with this helpful brief explaining what the failure of the super committee could mean for health care spending. As a reminder, the Budget Control Act of 2011 includes a sequestration mechanism of cuts that go into effect if lawmakers fail to reduce the deficit by $1.2 trillion over 10 years—the reductions are in addition to the savings already included in the Affordable Care Act, which are "projected to reduce aggregate spending by 6 percent over the 10 year period."
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