Health bill clears hurdle with support from Snowe

  • metta

    Posts: 39167

    Oct 13, 2009 10:48 PM GMT
    News clip: http://cosmos.bcst.yahoo.com/up/player/popup/?rn=3906861&cl=16066394&ch=4226716&src=news

    [quote]Historic legislation to expand U.S. health care and control costs won its first Republican supporter Tuesday and cleared a key Senate hurdle, a double-barreled triumph that propelled President Barack Obama's signature issue toward votes this fall in both houses of Congress.[/quote]

    [quote]"The bottom line here is we need a final bill, a merged bill, that gets 60 votes," Baucus said. "Our goal is to pass health care reform not just talk about it."

    Reid's most politically sensitive decision revolves around proposals for the federal government to sell insurance in competition with private industry. The Senate bill approved in committee during the day omits the provision, while the one passed earlier includes it and many House Democrats support it as well.

    In general, bills moving toward floor votes in both houses would require most Americans to purchase insurance, provide federal subsidies to help those of lower incomes afford coverage and give small businesses help in defraying the cost of coverage for their workers.

    The measures would bar insurance companies from denying coverage on the basis of pre-existing medical conditions, and for the first time limit their ability to charge higher premiums on the basis of age or family size. Expanded coverage would be paid for by cutting hundreds of billions of dollars from future Medicare payments to health care providers. Each house also envisions higher taxes — an income tax surcharge on million-dollar wage-earners in the case of the House, and a new excise levy on insurance companies selling high-cost policies in the case of the Senate Finance Committee bill.
    [/quote]

    http://news.yahoo.com/s/ap/20091013/ap_on_go_co/us_health_care_overhaul
  • Posted by a hidden member.
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    Oct 14, 2009 6:35 AM GMT
    Consider the cost of the bill. Over 800 million dollars. 25 million people will still be left uninsured and I seem to rember that the new number of uninsured used during the joint session speach from the president was 30 million. Over 800 million to insure 5 million? The taxes begin imeadiately, but the bennefits don't begin until 2013.The deficit is reduced by 81 billion over the first 10 years, until the expenditures catch up with the taxation and then the cost adds to the deficit. Maybe it's a hurdle best not overcome!
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    Oct 14, 2009 7:49 AM GMT
    shybuffguy saidConsider the cost of the bill. Over 800 million dollars. 25 million people will still be left uninsured and I seem to rember that the new number of uninsured used during the joint session speach from the president was 30 million. Over 800 million to insure 5 million? The taxes begin imeadiately, but the bennefits don't begin until 2013.The deficit is reduced by 81 billion over the first 10 years, until the expenditures catch up with the taxation and then the cost adds to the deficit. Maybe it's a hurdle best not overcome!


    icon_eek.gif

    Here's hoping the real number are not as harsh. Maybe the cost is because of the not denying coverage to those with pre-existing conditions or other things....
  • Posted by a hidden member.
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    Oct 14, 2009 8:02 AM GMT
    shybuffguy saidConsider the cost of the bill. Over 800 million dollars. 25 million people will still be left uninsured and I seem to rember that the new number of uninsured used during the joint session speach from the president was 30 million. Over 800 million to insure 5 million? The taxes begin imeadiately, but the bennefits don't begin until 2013.The deficit is reduced by 81 billion over the first 10 years, until the expenditures catch up with the taxation and then the cost adds to the deficit. Maybe it's a hurdle best not overcome!


    Consider the cost of the Iraq war (to date over 920,000,000,000... 120,000,000,000 more than the proposed health care reform).

    I'm honestly getting pretty sick of Conservatives bitching about spending at this point.