Congressional Democrats released a summary of "The American Jobs and Closing Tax Loopholes Act of 2010" (H.R. 4213), which would delay the sustainable growth rate (SGR) cut to Medicare payments for the next several years.
Here's what it says about the SGR and physician pay:
Medicare physician payment rates are scheduled to be reduced by more than 20 percent in June. This provision would provide reasonable updates in physician payment rates for the rest of this year and next year. For 2012 and 2013, rates would continue to increase if spending growth on physician services is within reasonable limits, with an extra allowance for primary and preventive care. Rates could not be reduced in 2012 or 2013, but after that rates would return to their current law levels. This provision is being estimated by the Congressional Budget Office.
Update: The American College of Physicians (ACP) and American Academy of Family Physicians (AAFP) announced they will support H.R. 4213.