And so what is happening now, because we're going through this reconciliation package and they're not doing the budgeting process in a timely fashion, sequestration kicks in and this pay as you go requirement kicks in and it mandates under the law that Congress … Sequestration mandates Medicare cuts if the budget isn't addressed by Congress. … address it. So that's sequestration. There's a lot of tools and policies that are being addressed right now. And I think we're trying to make it as simple as possible so people understand the real life consequences of this legislation. (06:11–06:20)
CLAIM
Asserts that sequestration will mandate Medicare cuts if Congress does not address the budget.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.