Friday, June 26, 2009

In the News: Agreement Reportedly Near on Health Bill

Senate health-care negotiators said yesterday they were closing in on a $1 trillion health-care bill that would be fully funded by tax increases, Medicare cuts and new penalties for employers who do not offer health insurance.

Senate Finance Committee Chairman Max Baucus (D-Mont.) said members of the panel would consider a menu of policy and financing options over the Fourth of July recess, with the goal of producing a deficit-neutral 10-year bill shortly after Congress returns July 6. "We're getting a lot closer to an agreement," Baucus told reporters after the committee reviewed new Congressional Budget Office cost estimates yesterday....

The Senate health committee is considering a separate reform bill, but the finance version is crucial because it will include provisions to pay for the subsidies and tax incentives that Congress is seeking to expand. Lawmakers have been struggling for weeks to reach agreement on those issues, and an array of contentious proposals remain on the table.

This is an excerpt from a June 26 article in the Washington Post by Shailagh Murray and Lori Montgomery. Read the full article here.

1 comment:

Lazy Julie said...

Let's keep our fingers crossed that the ability to get insurance with pre-existing conditions doesn't end up on the cutting room floor.
Lazy Julie