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[quote=Anonymous]https://www.kiplinger.com/retirement/medicare/tax-reconciliation-bill-could-trigger-billions-in-medicare-cuts Has link to OMB confirmation letter. Basically, when they passed the Pay as You Go law years ago, OMB has to issue orders to cut spending based on effect of programs on the deficit. Medicare is NOT excluded (SS and Medicaid are). Congress has to enact legislation to waive this effect when that happens, but that legislation requires 60 votes in the Senate, not a simple majority. Without that, Medicare gets cut $490 billion. This will happen in FY 2026. [/quote]
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