WASHINGTON - Legislation giving doctors $247 billion in increased Medicare fees over the next decade veered toward collapse yesterday in the Senate, a victim of bipartisan concern over growing federal deficits.
Instead, key lawmakers worked privately on a far less costly bill that would avert a 21 percent cut scheduled to take effect on Jan. 1 and give physicians an increase of 0.5 percent in 2010 and 2011.
Senator Kent Conrad, a North Dakota Democrat, said he and Senator Charles Grassley, an Iowa Republican, were discussing a possible compromise that would cost $25 billion over two years and - unlike the original measure - not raise federal deficits.