Wednesday, September 16, 2009

New Health Plan from Senate Finance Committee

The New York Times: Reports on the compromise health bill out of the US Senate, the NYT writes the following, "... 223-page proposal, ( Senator) Baucus said that he had pared the 10-year cost of the bill to $856 billion,... " As stated this blog was waiting for the details of the Bill, it not perfect, but on the whole it sounds like a good bill, there is no public option, people will be forced to buy medical coverage, the insurance companies will not be able to turn any one way who has a pre - existing condition or throw them out should the costs go up for the cover. Also more important the price tag is lot lower that the one trillion of the House package, this cost will as reported by the NYT will be 856 Billion. If the banks can be bailed out, and Obama can pander to the his Liberal base with his economic package then the US government can take care of those that cant take care of themselves. Thus the Democrats on a morale point of view if they cant get Republican support should push it through with the nuclear option in the Senate, but then they own it, like Iraq, it it does not work its their bag, lets see how the Blue Dog Democrats respond to the Bill.

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