Medicare Trigger

Author / Creator

Library of Congress. Congressional Research Service

Available as

Online

Summary

Provides overview of the excess general funding warning required under P.L. 108-173, the Medicare Prescription Drug, Improvement and Modernization Act of 2003, when general revenue Medicare funding...

Provides overview of the excess general funding warning required under P.L. 108-173, the Medicare Prescription Drug, Improvement and Modernization Act of 2003, when general revenue Medicare funding is expected to exceed 45% of Medicare outlays for the current fiscal year or any of the next six fiscal years. Examines determination of Medicare funding warning, required Presidential action, procedures for expedited Congressional consideration, varying impact of legislation to lower the general revenue share, and related issues.

This report is one in a series of updates. For the most recent coverage of this report series, please see 12-RS-22796d in the 2012 issue.

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