Thursday, October 29, 2009

House unveils health reform bill

House Speaker Nancy Pelosi announced the new House health care reform bill today. The plan includes a "government option," which is a new name for what has been called the public option.

The plan may cost more than $1 trillion over the next decade but it is actually expected to reduce the overall budget deficit, even more so in the decade after that.

Pelosi said the insurance plan "covers 96 percent of all Americans, and it puts affordable coverage in reach for millions of uninsured and underinsured families, lowering health care costs for all of us."

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