It's in, Baucus Bill: $829 Billion Over Ten Years

October 8, 2009

CBO analysis finds it would reduce deficit by $81 billion over decade

The October 7, 2009 NAHU Newswire continues to feature Health Care Reform news articles addressing important issues of the day.

While Senator Baucus finds this quite promising, Senator Mitch McDonnell (R-KY) doesn't think the Senate Finance Committee proposal will make it to the senate floor. It is rumored that the real bill is being written behind closed doors with no public access. Baucus is speaking with members of his committee and other congressional panels to decide on a timeline for a vote, which will probably be next week.

States will need to increase revenues if Medicaid is expanded. In an effort to reduce the federal costs of healthcare reform, House Democrats are considering expanding Medicare to uninsured adults. Senator Mitch McConnell (R-KY) suggested reservations to the expansion from Democratic Governors Strickland (OH) and John Lynch (NH)

Today's NAHU Newswire (October 8, 2009) , interesting articles:

• House, Senate health reform bills paid for with different taxes
• House Democrats consider expanding Medicaid to cut health bill's cost
• Sen. McConnell cites Democratic governors with health reform qualms
• Poll finds employers planning to shift more healthcare costs to worker
• Retiring couples need $338,000 to cover medical costs, institute estimates

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