The fund moves to fiscal year 2027 and the amount falls to $1,403,000,000
What the document says“(1) by striking "fiscal year 2026" and inserting "fiscal year 2027"; and (2) by striking "$1,804,000,000" and inserting "$1,403,000,000".”
The section amends section 1898(b)(1) of the Social Security Act (42 U.S.C. 1395iii(b)(1)). Congress uses this fund as a ledger when the cost of health extensions has to be balanced, which is why its year and its balance are often reset in a bill of this kind.
What the document actually says“(1) by striking "fiscal year 2026" and inserting "fiscal year 2027"; and (2) by striking "$1,804,000,000" and inserting "$1,403,000,000".”
One year is swapped for the next. One sum is swapped for a smaller one.
The fund holds money set aside inside Medicare. Congress moves the sum up or down to make the books balance.
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