<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:georss='http://www.georss.org/georss' xmlns:gd='http://schemas.google.com/g/2005' xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-4245345247381433107</id><updated>2012-02-16T02:19:03.492-08:00</updated><category term='health care'/><category term='budget deficit'/><category term='medical insurance'/><category term='unemployment'/><category term='GDP'/><title type='text'>Health Care Bill $1 Trillion Battle Heats UP</title><subtitle type='html'></subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://healthcarebillvote.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/4245345247381433107/posts/default?max-results=100'/><link rel='alternate' type='text/html' href='http://healthcarebillvote.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><author><name>VirtualServices</name><uri>http://www.blogger.com/profile/15546006916953507169</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='33' height='26' src='http://1.bp.blogspot.com/_qcFluMIq2ww/SvXuHDiNZVI/AAAAAAAAAUA/yDnXspb0auA/S220/website-News-Page-Image-SBNS.jpg'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>1</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>100</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-4245345247381433107.post-8690348941156928244</id><published>2009-10-23T16:16:00.000-07:00</published><updated>2009-10-23T16:24:13.040-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='unemployment'/><category scheme='http://www.blogger.com/atom/ns#' term='budget deficit'/><category scheme='http://www.blogger.com/atom/ns#' term='health care'/><category scheme='http://www.blogger.com/atom/ns#' term='GDP'/><category scheme='http://www.blogger.com/atom/ns#' term='medical insurance'/><title type='text'>Health Care Bill Hits $1 Trillion Public Option Battle Heats UP Votes Coming</title><content type='html'>&lt;a href="http://3.bp.blogspot.com/_qcFluMIq2ww/SuI6E5LzAqI/AAAAAAAAAS8/Sv4ZUhD3v2I/s1600-h/US-Fed-Debt-%25-GDP-Healthcare.jpg"&gt;&lt;img id="BLOGGER_PHOTO_ID_5395939159287464610" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 200px; CURSOR: hand; HEIGHT: 121px" alt="" src="http://3.bp.blogspot.com/_qcFluMIq2ww/SuI6E5LzAqI/AAAAAAAAAS8/Sv4ZUhD3v2I/s200/US-Fed-Debt-%25-GDP-Healthcare.jpg" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;div&gt;&lt;span style="color:#ff0000;"&gt;&lt;strong&gt;&lt;em&gt;Breaking News&lt;/em&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/div&gt;&lt;div&gt;By James Rickman, &lt;strong&gt;&lt;em&gt;&lt;a href="http://www.blogger.com/www.sustainablevirtualbiz.com"&gt;&lt;span style="color:#ff0000;"&gt;SVS&lt;/span&gt;&lt;/a&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;Health care legislation accelerates in the House at a price tag of $1 Trillion over a decade, well in excess of President Barack Obama proposal, as congressional officials struggled to finish work on the measure for a vote early next month. Reports Sen. Majority Leader Harry Reid, the &lt;a href="http://www.thefoxnation.com/health-care/2009/10/15/reid-admits-health-care-bill-costs-2-trillion" target="_blank" rel="nofollow" _extended="true"&gt;new health care plan &lt;/a&gt;could cost upwards of $2 trillion upon completion. &lt;/div&gt;&lt;div&gt;&lt;br /&gt;Today, Democrats have &lt;a href="http://cosmos.bcst.yahoo.com/up/player/popup/?rn=3906861&amp;amp;cl=16244101&amp;amp;ch=4226723&amp;amp;src=news" target="_blank" rel="nofollow" _extended="true"&gt;reported &lt;/a&gt;an unreleased Congressional Budget Office estimate of $871 billion in recent days, a total that numerous officials acknowledge understates the bill's true cost by $150 billion or more. That figure excludes several items designed to improve benefits for Medicare and Medicaid recipients and providers, as well as public option health programs and more, all added to the new plan.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;Some moderate Democrats have expressed reluctance to support a bill as high as $1 Trillion. Last month, Obama said in a &lt;a href="http://www.america.gov/st/usg-english/2009/September/20090910121922dmslahrellek0.9396936.html" target="_blank" rel="nofollow" _extended="true"&gt;nationally televised address &lt;/a&gt;before a joint session of Congress that he preferred a package with a price tag of around $900 billion.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;Obama stated, he would not sign a bill that raised deficits, and the CBO estimates the emerging House bill meets that objective. Officials &lt;a href="http://www.cnn.com/2009/POLITICS/10/07/health.care/index.html" target="_blank" rel="nofollow" _extended="true"&gt;announced&lt;/a&gt; the measure would reduce deficits by at least $50 billion over 10 years and perhaps as much as $120 billion.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;Obama's speech provoked enough concern among House Democrats that senior presidential aides were called to a meeting in the Capitol to explain precisely what the president had in mind when he set the $900 billion target.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;House Democrats took steps to fulfill another of Obama's goals during the day, announcing their legislation would completely close a gap in Medicare prescription drug coverage within a decade, five years faster than originally contemplated.In addition, Pelosi &lt;a href="http://www.reuters.com/article/politicsNews/idUSTRE59J6C020091020?feedType=RSS&amp;amp;feedName=politicsNews&amp;amp;rpc=22&amp;amp;sp=true" target="_blank" rel="nofollow" _extended="true"&gt;announced&lt;/a&gt;, "as of Jan. 1, 2010, our legislation will give a 50 percent discount for brand-name drugs to recipients in the donut hole and it will reduce the size of the donut hole by $500."&lt;/div&gt;&lt;div&gt;&lt;br /&gt;After months of delay, Democrats in the House and Senate are aiming for votes next month on legislation to fulfill Obama's goal of expanding coverage to millions who lack it, banning insurance industry practices such as denying coverage for pre-existing conditions and slowing the growth in health care spending nationally. The House bill will also lift the insurance industry's exemption from federal anti-trust laws, a provision under consideration in Senate negotiations as well. &lt;/div&gt;&lt;br /&gt;&lt;div&gt;With time growing short, Pelosi and Senate Majority Leader Harry Reid are struggling independently with the most controversial of all issues involved with health care, proposals for a government-run insurance option to compete with private industry.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;In the House, Democrats have tentatively concluded they cannot win passage of the provisions favored by most liberals, one calling for a nationwide government-run plan with payments to doctors and hospitals linked to rates paid by Medicare. It was unclear what fall-back plan was under consideration, but the internal disagreement cast doubt on plans to publicly unveil legislation early next week.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;Across the Capitol, Reid, D-Nev., assessed support for a nationwide government-run insurance option that would allow states to opt out of the system. While the plan evidently enjoys a clear majority, it is uncertain whether it can command the 60 votes needed to overcome a threatened Republican filibuster.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;Democrats hold 60 votes in the Senate, but one, Sen. Ben Nelson, D-Neb., has spoken out strongly against a so-called public option. A few other members of the rank and file have been non-committal.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;One, Sen. Mary Landrieu, D-La., met with Reid during the day and later issued a statement saying she was encouraged that a compromise might be possible. She also added pointedly that she had told Reid about "the unique challenges Louisiana is facing in terms of Medicaid and the special concerns I have about teaching hospitals," a possible signal that easing home-state concerns could influence her vote on the larger, national question of a government-run insurance option.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;Also opposed is Sen. Olympia Snowe of Maine, the only Republican this year who has voted for a Democratic-drafted health care bill in committee. As an alternative, she favors allowing the government to step in only if there is insufficient competition in the private insurance industry.&lt;br /&gt;&lt;br /&gt;Nor was it clear whether Democrats would be able to enlist additional Republicans. Sen. George Voinovich, R-Ohio, frequently mentioned by Democrats as a potential convert, said in an interview, "We can't afford the health care system that we have right now. And if we can't afford the one we have right now, how are we going to afford another one that's going to cost more money."&lt;/div&gt;&lt;div&gt;&lt;br /&gt;For Reid, the question of a government-run option is one of a many thorny issues to be settled before he can bring health care legislation to the Senate floor. He and senior committee chairmen have been meeting with top White House aides in recent days to produce a bill, and hopes of largely wrapping up the work by the end of the week went unfulfilled. &lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="color:#ff0000;"&gt;About Author&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/div&gt;&lt;div&gt;Mr Rickman is a respected analyst, innovative thinker and new media expert with over 30-years experience, published worldwide. He holds advanced business and technical degrees. For more information visit &lt;a href="http://www.sustainablevirtualbiz.com/" target="_blank" rel="nofollow"&gt;http://www.sustainablevirtualbiz.com/&lt;/a&gt; or email &lt;a href="http://us.mc595.mail.yahoo.com/mc/compose?to=sustainablevirtualteams@yahoo.com" target="_blank" rel="nofollow"&gt;http://us.mc595.mail.yahoo.com/mc/compose?to=sustainablevirtualteams@yahoo.com&lt;/a&gt; &lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/4245345247381433107-8690348941156928244?l=healthcarebillvote.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://healthcarebillvote.blogspot.com/feeds/8690348941156928244/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://healthcarebillvote.blogspot.com/2009/10/health-care-bill-hits-1-trillion-public.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/4245345247381433107/posts/default/8690348941156928244'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/4245345247381433107/posts/default/8690348941156928244'/><link rel='alternate' type='text/html' href='http://healthcarebillvote.blogspot.com/2009/10/health-care-bill-hits-1-trillion-public.html' title='Health Care Bill Hits $1 Trillion Public Option Battle Heats UP Votes Coming'/><author><name>VirtualServices</name><uri>http://www.blogger.com/profile/15546006916953507169</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='33' height='26' src='http://1.bp.blogspot.com/_qcFluMIq2ww/SvXuHDiNZVI/AAAAAAAAAUA/yDnXspb0auA/S220/website-News-Page-Image-SBNS.jpg'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://3.bp.blogspot.com/_qcFluMIq2ww/SuI6E5LzAqI/AAAAAAAAAS8/Sv4ZUhD3v2I/s72-c/US-Fed-Debt-%25-GDP-Healthcare.jpg' height='72' width='72'/><thr:total>0</thr:total></entry></feed>
