The scheduled cuts do not begin until January 31, 2026
What the document says“in the matter preceding subclause (I), by striking "For each of fiscal years 2026 through 2028" and inserting "For the period beginning January 31, 2026, and ending September 30, 2026, and for each of fiscal years 2027 and 2028"”
The section amends section 1923(f)(7)(A) of the Social Security Act so the schedule of cuts starts on January 31, 2026 rather than at the beginning of fiscal year 2026, and it changes the year in paragraph (8) from 2027 to 2028.
What the document actually says“in the matter preceding subclause (I), by striking "For each of fiscal years 2026 through 2028" and inserting "For the period beginning January 31, 2026, and ending September 30, 2026, and for each of fiscal years 2027 and 2028"”
Words naming three whole years come out. Words naming a part year and two whole years go in.
A cut was set to start with the budget year. This law only funds part of that year. So the cut is held off until the end of January.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.