Health bill would cost $829B, cover 94 percent
61- dutchman1951
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syz77000 wrote:
The Congressional Budget Office added that the legislation would reduce federal deficits by $81 billion over a decade and probably lead to “continued reductions in federal” red ink in the years beyond.
The report paves the way for the Senate Finance Committee to vote as soon as early next week on the legislation, which is largely in line with President Barack Obama’s call for the most sweeping overhaul of the nation’s health care system in a half-century.
At the White House, spokesman Reid Cherlin said the analysis “confirms that we can provide stability and security for Americans with insurance and affordable options for uninsured Americans without adding a dime to the deficit and saving money over the long term.”
Sen. Max Baucus, D-Mont., the committee chairman and principal architect of the measure, hailed the estimates within moments of receiving them.
“This legislation, I believe, is a smart investment on our federal balance sheet. It’s an even smarter investment for American families, businesses and our economy,” he said on the Senate floor.
Sen. Chuck Grassley of Iowa, the senior Republican on the panel, saw it differently. “A celebration of the deficit effects masks who pays the bills. This package includes hundreds of billions of dollars in new taxes and fees,” he said in a statement.
The committee Baucus chairs is the fifth and last of the congressional panels to debate health care. The Senate Finance version has a decided middle-of-the-road flavor, shunning any provision for the government to sell insurance in competition with private industry. That provision, strongly favored by many Democrats and just as strongly opposed by Republicans, remains alive, though. It was included in legislation approved by another Senate committee, and is also expected to be included in the House bill.
The Finance Committee bill does not require businesses to offer coverage to their workers, either, although large firms that do not would be required to offset the cost of any government subsidies going to those employees.I would be carefull of copy-write here, this reads like a professional article??????
why is it in writing clarity? It should be a hub I believe.
Jon
89- Jeffrey Neal
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Just checked. This user seems to be copy/pasting stuff into forum posts. There are at least three that I've seen and they are all copied from another website.
- 89
- Jeffrey Neal
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Hubteam is FAST! User already deleted.
95- Crazdwriter
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YAY I did spam all of her stuff and told them what is going on so thankfully they saw it too thanks hub team!
