On the recordJune 22, 2010
Mr. President, I would like to speak to the amendment I just proffered to the other side which was objected to. I think there is a consensus in the Senate that we need to fix some of these problems we are facing, one of which is the expiration of unemployment insurance for people who are unemployed. There are a lot of tax provisions that are expiring that need to be extended, things such as the research and development tax credit, which is critical to innovation and competitiveness in this country, and a whole range of other tax credits which affect a broad range of our economy. Also, I believe it is important that we provide some certainty to people who depend upon Federal policy, and one of those groups would be the physicians in this country who rely upon Medicare reimbursements for much of their survival because they treat so many Medicare patients. Much of the patient base for many of the physicians in my area of the country, where we have a high elderly population, is Medicare. Obviously, physicians have been facing--up until last week--a 21-percent cut. That was addressed for 6 months, so we have fixed that. We have dealt with it for 6 months. Obviously, that is an issue that will come up again. What my amendment would have done was to solve that issue not just for the next 6 months but to the end of the year 2012. So physicians in this country would have gotten an additional 2 years of relief, so to speak, with regard to their reimbursement.…





