Monday, December 21, 2009

Healthcare Bill

From Reuters.

"The impact of this vote will long outlive this one frantic, snowy weekend in Washington," Republican Senate leader Mitch McConnell said. "This legislation will reshape our nation, and Americans have already issued their verdict -- they don't want it."

"What the American people ought to pray is that someone can't make the vote tonight," Republican Senator Tom Coburn said beforehand. Democrats control 60 votes, the exact number needed to overcome united Republican opposition.

The Senate bill would require most Americans to have insurance, extend coverage to 30 million uninsured Americans and provide subsidies to help some pay for it.

Also included is an increase in the bill's Medicare payroll tax from 0.5 percent to 0.9 percent on income over $200,000 for individuals and $250,000 for couples.

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