Sustainable Growth Rate
Why does Congress continually wait until the last minute to prevent cuts to the sustainable growth rate?
There is a canyon between the conversations going on in Washington and the ones happening in Colorado and the rest of the country. The dysfunction in Washington continues to get worse. Congress is legislating by crisis. It seems the only way to get things done is to come up against a deadline or for the next crisis to strike.
As you might know, on December 15, 2010, President Obama signed into law an SGR extension that averted a 23 percent cut in the Medicare physician reimbursement rate. I am pleased that we were able to prevent those devastating cuts, and that the one year fix was fully paid for and did not add to the deficit.
However, we found ourselves in the same situation again this past December. Congress backed up against another 11th hour deadline.