Lamont assures CBIA that CT’s spending cap is ‘sacrosanct’
Gov. Ned Lamont told business leaders he won't touch the spending cap, but left room for debate on other fiscal guardrails.
Medicare's new $2,000 cap on out-of-pocket drug costs could save enrollees thousands, AARP says
The AARP report suggests the spending cap could be huge for Medicare enrollees who take costly drugs for cancer, rheumatoid ...
CBS News14d
Medicare's new $2,000 prescription drug cap goes into effect. Here's how it works.
Starting Jan. 1, 2025, millions of Americans who get their prescription drugs through Medicare could get a major financial break when a $2,000 out-of-pocket spending cap on medications goes into ...
AOL2d
How clubs kept to spending rules & what next?
It encourages short-termism." Maguire says the new spending cap rules which are due to start from 2025-26, after being ...
CNN16d
Seniors won’t pay more than $2,000 for drugs at the pharmacy starting in January
began when they hit $7,400 in out-of-pocket spending. The federal government paid 80% of the cost, while insurers paid 15%. An interim ceiling of roughly $3,500 was in place for 2024. “The cap ...
Tax cuts, debt limit, spending caps: Congress faces key fiscal choices this year
The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...
National Review9y
Cap Federal Spending, but Do It Smartly
The upcoming fight over the federal debt limit gives Congress an opportunity to think smartly and act boldly by enacting a responsible spending cap that limits federal spending in relation to the ...
The Connecticut Mirror29d
Report: Half of CT’s set-aside ‘volatile’ funds are actually stable
Caps on spending and borrowing, along with programs that mandate huge surpluses built into the annual budget, were designed to help Connecticut live within its means, “not harm families and ...
Medicare caps seniors drug expenses: What you need to know
Medicare recipients who take expensive prescriptions will get a break this year with a $2,000 cap on drug costs.