Statement by the Press Secretary: President Bush Signs H.R. 4839 and S. 2499

On Saturday, December 29, 2007, the President signed into law:

H.R. 4839, the "Tax Technical Corrections Act of 2007," which makes technical corrections to various provisions of tax law;

S. 2499, the "Medicare, Medicaid, and SCHIP Extension Act of 2007," which Provides a 0.5 percent Medicare payment increase for physicians for 6 months; (2) extends SCHIP through March 31, 2009; and (3) extends the Medicaid Qualifying Individual provision, Title V Abstinence Education grant program, and Transitional Medical Assistance eligibility for Medicaid beneficiaries for 6 months.