A fiscal year 2033 cut runs at 2.0 percent then at zero
What the document says“the President shall order a sequestration of payments for the Medicare programs specified in section 256(d), effective upon issuance, such that, notwithstanding the 2 percent limit specified in subparagraph (A) for such payments--”
Section 6227 adds a new subparagraph (F). On the day the President submits the fiscal year 2033 budget under section 1105 of title 31, the President must order a sequestration of Medicare payments, effective on issuance, at 2.0 percent for the first five months the order is in effect that year and at 0 percent for the last seven.
What the document actually says“the President shall order a sequestration of payments for the Medicare programs specified in section 256(d), effective upon issuance, such that, notwithstanding the 2 percent limit specified in subparagraph (A) for such payments--”
The President must order the cut on the day the budget goes in. It starts the moment it is issued. The usual 2 percent limit does not bind it.
The cut runs at 2.0 percent for the first five months. Then it runs at zero for the last seven. So the whole year is not cut evenly.
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