Marketplace®

Daily business news and economic stories

How will the budget deal ease sequestration?

The House of Representatives has passed a budget agreement aimed at avoiding another government shutdown. How will it affect the sequestration?

The House of Representatives has passed a budget agreement aimed at avoiding another government shutdown. How will it affect the sequestration? The nitty-gritty details won’t be known until Jan. 18, but Stan Collender, budget columnist and former staffer on the House and Senate budget committees, says the deal should ease about half of the scheduled budget cuts.

 Cuts scheduled for Medicare providers, however, will still happen. In fact, they’ll be extended all the way into 2022 and 2023.

 “That’s one of the ways they paid for this — they extended cuts into the out years,” he says. 

Related Topics

Latest Episodes

View All Shows
  • Marketplace Morning Report
    an hour ago
    8:06
  • Marketplace Tech
    2 hours ago
    10:23
  • Marketplace
    14 hours ago
    25:25
  • Make Me Smart
    17 hours ago
    52:42
  • This Is Uncomfortable
    8 days ago
    4:41
  • Million Bazillion
    a month ago
    32:45