Thursday, December 24, 2009

Senate Passes Health Care Bill

Harry Reid
The Senate passed a health care bill today on a vote of 60-39 along a strict party-line vote. The Patient Protection and Affordable Care Act (H.R. 3590) will expand health care coverage to 31 million currently uninsured Americans through a combination of cost controls, subsidies and mandates. It is estimated to cost $848 billion over a 10 year period, but would be fully offset by new taxes and revenues and would actually reduce the deficit by $131 billion over the same period.

The House passed the Affordable Health Care for America Act (HR 3962) on November 7. Now the legislation goes to conference where each chamber is expected to passed the final bill and President Obama will sign it. (Open Congress)

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