1.2 Trillion

Will they or won't they (recommend payment cuts)? All eyes on the debt reduction 'super committee'

Providers, and the rest of the country, will learn Wednesday whether President Obama's congressional "super committee" has agreed on a combination of funding cuts and tax increases that total $1.2 trillion. Technically called the President's National Commission on Fiscal Responsibility, it has been extremely tight-lipped about its work of several months. If the bipartisan mix of Senate and House members can't agree on recommendations, automatic 2% funding cuts will begin in 2013. Fearful that any alternative could be worse, many providers are hoping for the 2% across-the-board cuts, and some have already factored them into future planning.