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Budget 2023 offers billions for dental care, plus spending cuts and tax hikes to tame deficit
Finance Minister Chrystia Freeland tabled a federal budget Tuesday projecting a deficit about $10 billion higher than initially forecast — an increase driven by a worsening economy and new spending on initiatives like a national dental care program. Freeland’s fiscal plan projects the deficit will be $40.1 billion in 2023-24 — up from the $30.6 billion she said it would be just last fall. Freeland’s relatively brief 250-page budget is being pitched as a focused plan to address inflation — there will another one-time GST rebate for low-income Canadians — and to position the economy for the future through multi-billion-dollar tax credits to stimulate the clean energy sector. A faltering…
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Congress reaches compromise on Medicare reimbursement cuts for physicians
Lawmakers are looking at a proposal that would decrease the Medicare payment cuts to 2{a5ceed037b574a4d8c6b44a0a7290437cee40655417128da3b56d864fe64414f}, much less than the 4.5{a5ceed037b574a4d8c6b44a0a7290437cee40655417128da3b56d864fe64414f} cuts expected in the Medicare Physician Fee Timetable payments in 2023. The federal government’s 2023 paying out approach will damage seniors’ obtain to clinical treatment when doctor reimbursement for Medicare drops in 2023. Meanwhile, physicians will proceed obtaining incentive payments for worth-based treatment models, but extra funds would enable in the accountable care organization (ACO) motion. On Monday, the U.S. Senate Committee on Appropriations published the $1.7 trillion 2023 Omnibus Appropriations Invoice with dollars for issues ranging from buyer inflation at property to the war in Ukraine. On Tuesday, lawmakers…
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