Let the finger-pointing begin, looks as if Congress has the necessary votes to pass the long argued Health Care Reform bill, or whatever it’s called1.
The House on Sunday took the most critical step yet toward adoption of legislation to overhaul the nation’s health care system and guarantee access to medical insurance for tens of millions of Americans, all but assuring a hard-fought but politically risky victory for President Obama and his party.
By a vote of 224-206, the House approved the key procedural measure necessary to pass the legislation, showing that Democrats and Mr. Obama had succeeded in cobbling together the votes they need to achieve a goal sought by presidents and progressives for more than a half-century.
[Click to continue reading Democrats Predict Slim Margin in Health Vote Sunday – NYTimes.com]
Don’t see how it can be halted now.
The main bill before the House was passed by the Senate on a party-line vote, and if the House approves it Sunday, it would go to Mr. Obama for his signature. Assuming the Senate passes the separate package of changes, possibly as soon as this week, that measure would then also go to Mr. Obama, whose signature would bring the process to an end.
What will it actually mean to you and me? Only the Noodly Appendage knows. I haven’t read the damn thing, have you?
The bill would require most Americans to have health insurance, would add 16 million people to the Medicaid rolls and would subsidize private coverage for low- and middle-income people, at a cost to the government of $938 billion over 10 years, the Congressional Budget Office says.
The bill would require many employers to offer coverage to their employees or pay a penalty. Each state would set up a marketplace, or exchange, where consumers without such coverage could shop for insurance meeting federal standards.
The budget office estimates that the bill would provide coverage to 32 million uninsured people, but still leave 23 million uninsured in 2019. One-third of those remaining uninsured would be illegal immigrants.
The new costs, according to the budget office, would be more than offset by savings in Medicare and by new taxes and fees, including a tax on high-cost employer-sponsored health plans and a tax on the investment income of the most affluent Americans.