House Dems Unveil 2K Pg. $894 Bil Health Bill

Posted: Thursday, October 29, 2009 | Posted by Chico Brisbane | Labels: , , ,

House Speaker Nancy Pelosi and fellow House Democrats touted their own $900 billion health care reform bill on Thursday in answer to the Senate’s version and as part of President Obama’s overall push for reform, a push that is getting closer to reality with each legislative tweak and congressional roll-out.

Pelosi took to the steps of the U.S. Capitol to introduce a nearly 2,000 page, $894 billion piece of legislation designed to go far enough to please House liberals but include enough goodies for moderates to make a deal with both chambers possible.

It would create a full public option plan for the uninsured and, according to fast-tracked CBO estimates, cut the deficit by $30 billion, savings generated by taxing wealthy Americans and following the president’s directive in finding savings in Medicare waste and fraud.

This would be on top of the consistent goals expressed by the president throughout the debate, like ending coverage denials based on preexisting conditions and covering up to 96 percent percent of America’s uninsured.


Post a Comment