Cuts to Medicaid May Limit Access to Nursing Homes

[LeftInTX]

38. Thanks for this..This is helpful. Will bookmark this thread just for your article.

You know that the BRCA cuts Medicare?

It is on page 29 of the bill:

SEC. 117. REPEAL OF MEDICARE TAX INCREASE.
21 (a) IN GENERAL.—Subsection (b) of section 3101 of
22 the Internal Revenue Code of 1986 is amended to read
23 as follows:
24 ‘‘(b) HOSPITAL INSURANCE.—In addition to the tax
25 imposed by the preceding subsection, there is hereby im-
26 posed on the income of every individual a tax equal to 1.4529
ERN17282 Discussion Draft S.L.C.
1 percent of the wages (as defined in section 3121(a)) re-
2 ceived by such individual with respect to employment (as
3 defined in section 3121(b).’’.
4 (b) SECA.—Subsection (b) of section 1401 of the In-
5 ternal Revenue Code of 1986 is amended to read as fol-
6 lows:
7 ‘‘(b) HOSPITAL INSURANCE.—In addition to the tax
8 imposed by the preceding subsection, there shall be im-
9 posed for each taxable year, on the self-employment in-
10 come of every individual, a tax equal to 2.9 percent of the
11 amount of the self-employment income for such taxable
12 year.’’.