Senate Proposal Would Extend ARRA FMAPs, Create Education Jobs Fund
The Senate has scheduled a vote for Monday, August 2, 2010, on a bill (a substitute amendment to H.R. 1586) that would provide an extension of the American Recovery and Reinvestment Act of 2009 (ARRA; P.L. 111-5) Federal Medical Assistance Percentages (FMAPs), as well as additional funding for education jobs, while fully offsetting the cost. At this point, the prospect for passage appears unlikely. This Issue Brief provides a description of the key provisions of the bill.