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House and Senate Committees Adopt Much Different Budgets

The House Budget Committee adopted a budget resolution drafted by Representative Paul Ryan (R-WI) that calls for $4.633 trillion deficit reduction over 10 years and the repeal of the Affordable Care Act. The Senate Budget Committee approved a budget drafted by Senator Patty Murray (D-WA) that calls for $975 billion in new revenue and $975 billion in cuts over 10 years.

Other highlights include:

  • A California bill would allow the state to seek approval for a “narrow bridge” plan on its insurance exchange.
  • Connecticut’s exchange board approved staff recommendations for standard plan designs, and also will allow two non-standard plans per tier.
  • Oklahoma passes a largely symbolic bill declaring the ACA invalid in the state.
  • Utah’s governor must consider signing a number of health care-related bills by April 3.

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For additional questions on this topic, contact Sheila Faust at 303-831-7100. You can also visit us online at http://www.benefitsupport. com/ .