Wednesday, November 18, 2009

Reid Unvails Specifics of Health Care Bill


Senate majority leader Harry Reid (D-Nevada) today released the specifics of the new health care bill that was passed by House of Representatives two weeks ago. The 2074 page bill guarantees coverage for 94 percent of Americans and will cost $849 billion. The bill's financing will rely on Medicare spending cuts, greater taxes for the upper class, and greater charges on patients undergoing elective plastic surgery. Reid says the measure will reduce deficits by $127 billion in ten years and $650 billion in twenty years. The implementation of the bill, however, depends on if it receives the 60 votes necessary in the Senate, a proposition that is still uncertain. Read more about this story at httP://news.yahoo.com/s.ap/us_health_care_overhall. I'm glad all this health care debate is finally getting somewhere. I suppose it's alright if we spend the $849 billion on the bill now as long as it saves the country money in the long run, as Reid claims. On to the Senate!

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