Earlier today President Bush vetoed H.R. 6331, the Medicare Improvements for Patients and Providers Act, which was approved by Congress last week.
As I explained last week, this legislation will reverse the 10.6 percent cut in Medicare reimbursement for physicians. The 10.6 percent cut was originally scheduled to take affect July 1st, but the White House temporarily blocked it from taking affect until 12:00am tonight.
Congress will now attempt to override the President’s veto. The legislation passed the House and Senate by totals comfortably above the 2/3 majority needed to for an override. Whether or not Republicans who voted in favor of the bill will ultimately reverse their vote and stand with the president still remains to be seen.