Legislation Provides Important Extensions

Legislation was passed by the Senate providing extensions on a number of items about to “sunset.”

The Doc Fix, stopping the reduction in Medicare (and TRICARE fees) by 21.2 percent would be extended to Sept. 30, 2010.

There would also be a tax year extension effective until Jan. 1, 2011 of a modest employer tax break for differential payment to mobilized National Guard and Reserve members.

The legislation was sent to the House, where it needs to be voted on, which will not be likely until next week. Word is that the House is focused on National Health Care Reform for the rest of this week.

Article from The Hill on Senate extensions