CBO: Budget Deal Extends Medicare Sequestration To 2029

The budget and debt ceiling deal reached by Congress and the White House extends sequestration on Medicare through 2029 to help pay for higher budget caps on FDA and other nondefense agencies -- a move the Congressional Budget Office says will increase spending by around 2% for most Medicare benefits through September 2027. Spending would then be reduced by 2% from October 2027 through March 2029, and reduced by 4% from April through September 2029, CBO says. The budget deal...