Fiscal and Economic
More on Fiscal and Economic
3/26/2015 - HR 2 – Medicare Access and CHIP Reauthorization Act: NO. In 1997, Congress passed legislation to control Medicare spending by establishing a "Sustainable Growth Rate" (SGR) that limits the annual increase for physician reimbursements, but Congress never had the stomach to actually implement it. The result: every year Congress passes a "doc fix" to avoid the accumulated SGR cuts, often by cutting spending in other areas. This bill does away with the SGR altogether, which would be a good thing if it were actually offset by equal spending reforms. Regrettably, it isn't.
Congressman McClintock delivered the following remarks on the House floor regarding the President's veto of the Keystone Pipeline:
Mr. Speaker:
For more than six years, the President has called for taxpayer-funded infrastructure projects. In the first year of his administration, he squandered nearly a trillion dollars on so-called shovel ready projects that he later joked weren't shovel ready at all.


