Monday, November 9, 2009

Health Care Bill

The House of Representatives passed a health care bill, but it has little chance of passing in the Senate.  The bill is said to cost 1.2 trillion over the next ten years, but this includes money that will be taken from Medicare and Medicaid, so the net cost of the program will be quite a bit less than this.  It seems like the prediction of a $600 billion bill that I heard earlier might be about right.

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