Medicare Sequestration Cuts Triggered by 2026 Due to New Tax Bill
The recently passed tax bill by Republicans, dubbed the 'Big, Beautiful for Billionaires' Tax Cuts Bill,' is projected to increase the national debt significantly over the next decade, leading to automatic budgetary cuts known as sequestration in Medicare starting in 2026 through 2034. These sequestration cuts are mandated by the Budget Control Act of 2011 and involve a 4% across-the-board reduction in Medicare payments to providers. The timing and impact of these cuts were not highlighted by legislators prior to the bill's passage, raising concerns over the transparency regarding Medicare funding.