SMRs and AMRs

Thursday, October 29, 2009

Democrats in House Present $894 Billion Health Package

By ROBERT PEAR
NYT

WASHINGTON — House Democrats on Thursday unveiled an $894 billion package to remake the health care system, and celebrated by holding an outdoor rally at the Capitol where they asserted that tens of millions of Americans would soon gain affordable insurance.

The 1,990-page measure, which was months in the making, would broadly expand Medicaid, the state-federal insurance program for the poor, by offering subsidies to moderate-income Americans to buy insurance either from private carriers or a new government-run plan.

“It is with great pride and with great humility that we come before you to follow in the footsteps of those who gave our country Social Security and then Medicare — and now universal, quality, affordable health care for all Americans,” Speaker Nancy Pelosi told a crowd of several hundred people.

The 83-year-old dean of the House, Representative John D. Dingell of Michigan, stole the show with a combative speech in which he assailed insurance companies and Republicans, who have been warning that the legislation would slash Medicare.

(More here.)

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