

Cantor vows bill to repeal health law's contentious board
House Republicans will take aim at President Obama's divisive Medicare cost-cutting board during the new Congress, Rep. Eric Cantor (R-Va.) wrote Wednesday.
The alert came in a letter from the House majority leader to his GOP colleagues lamenting Mitt Romney's presidential loss and outlining ways for Republicans to pursue tailored interests legislatively.
Cantor said that repealing the healthcare reform law's Independent Payment Advisory Board (IPAB) is one effort that could garner support in the Senate over the objections of Democratic Leader Harry Reid (Nev.).
IPAB is tasked with cutting Medicare reimbursement rates when the program's per-person spending becomes too great. Conservatives have long argued that the 15-member panel will bring about de facto rationing as Medicare providers limit their services in response to cuts.
The board's recommendations automatically take effect unless Congress votes to block them and comes up with equivalent savings. There is some question as to whether IPAB will ever exist, however, because its members are nominated by the president and confirmed by the Senate, making them vulnerable to GOP filibusters.
The House has already voted once, this spring, to repeal IPAB — a move the Congressional Budget Office estimated would add $3.1 billion to the deficit over 10 years.
Cantor mentioned his desire to pursue a repeal again on Wednesday but named no other healthcare priorities for the new Congress.
Obama's victory and gains for Democrats in the Senate all but ensure that Republicans' goal of full repeal of the healthcare law will never happen.








