Obama signs bill fixing Medicare doctors' pay

April 16, 2015 9:36 PM

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WASHINGTON, April 16 (Reuters) - U.S. President Barack Obama signed a bill into law on Thursday that repairs the formula for reimbursing Medicare physicians after Congress, in rare bipartisan fashion, passed a fix earlier this week to prevent a 21 percent cut in doctors' pay.

Sitting outside in the White House Rose Garden in his shirt sleeves, Obama said he was signing the bill now rather than waiting for a formal ceremony so it could go into force right away.

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