Good afternoon, ProviderNation.
The sequester is a’ comin’. It’ll mean a 2 percent , across-the-board cut for long term care professionals. That’s about $85 million, which will take effect on the first of the month after President Obama signs the “authorization” for the sequester.
Today, because symbolism is extra, the Senate passed a “sequester relief” package, but My Favorite Lobbyist says you shouldn’t pay too much attention to it. Shortly, House Republicans will pass a bill that would allow agency heads to determine their own budgets. That one is worth watching, because it has (a slightly decent) chance of passing into law.