The proposal from the House Energy and Commerce Committee would be paid for with a bucket of items, including raising Medicare rates for wealthier seniors, redirecting dollars from the Affordable Care Act’s prevention fund and shortening a grace period for enrollees who don’t pay their premiums.
The budget document is a key precursor for any tax bill, setting out procedures that will allow the legislation to pass with a simple 51-vote majority rather than the usual 60-vote supermajority.