Pelosi Unveils House Health Care Bill

The House speaker, Nancy Pelosi of California, on Thursday unveiled a $894 billion health care package that would provide insurance to up to 36 million people by broadly expanding Medicaid, the state-federal insurance program for the poor, and by offering subsidies to moderate-income Americans to buy insurance either from private carriers or a new government-run plan.

According to the Congressional Budget Office, the bill would reduce future federal deficits by about $30 million over the next 10 years, meeting President Obama’s demand that the health legislation not add “one dime” to the nation’s indebtedness.
http://www.cnn.com/2009/POLITICS/10/29/health.care/
http://docs.house.gov/rules/health/111_ahcaa.pdf

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