April 1 (Bloomberg) — The U.S. Senate cleared for President Barack Obama's signature a one-year delay of a 24 percent cut in payment rates for physicians who accept Medicare patients.
The Senate yesterday voted 64-35, with 60 required, to pass the measure. Fifteen Republicans voted with Democrats in favor of the delay while six Democrats voted against it.
Majority Leader Harry Reid, a Nevada Democrat, agreed to the one-year "patch," though he said he preferred a permanent solution to head off the payment cut that lawmakers have delayed every year since 2003.
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