Political Quotes

“I call up my amendment No. 1118. The PRESIDING OFFICER. The clerk will report. The legislative clerk read as follows: The Senator from Arkansas [Mr. Cotton] proposes an amendment numbered 1118. The amendment is as follows: (Purpose: To provide steady updates of payment rates under the Medicare physician fee schedule) Beginning on page 5, strike line 22 and all that follows through page 127, line 6, and insert the following: (2) Update of rates for 2015 and subsequent years.-- Subsection (d) of section 1848 of the Social Security Act (42 U.S.C. 1395w-4) is amended by striking paragraph (16) and inserting the following new paragraphs: ``(16) Update for january through june of 2015.--Subject to paragraphs (7)(B), (8)(B), (9)(B), (10)(B), (11)(B), (12)(B), (13)(B), (14)(B), and (15)(B), in lieu of the update to the single conversion factor established in paragraph (1)(C) that would otherwise apply for 2015 for the period beginning on January 1, 2015, and ending on June 30, 2015, the update to the single conversion factor shall be 0.0 percent. ``(17) Update for july through december of 2015.--The update to the single conversion factor established in paragraph (1)(C) for the period beginning on July 1, 2015, and ending on December 31, 2015, shall be 0.5 percent. ``(18) Update for 2016 and subsequent years.--The update to the single conversion factor established in paragraph (1)(C) for 2016 and each subsequent year shall be 0.5 percent.''.”