THE PRESIDENT: Good afternoon. Today we reached a critical milestone in our effort to reform our health care system. After many months of thoughtful deliberation, the fifth and final committee responsible for health care reform has passed a proposal that has both Democratic and Republican support. This effort was made possible by the tireless efforts of Chairman Max Baucus and the other members of the Senate Finance Committee. It's a product of vigorous debate and difficult negotiations.
After the consideration of hundreds of amendments, it includes ideas from both Democrats and Republicans, which is why it enjoys the support of people from both parties. And I want to particularly thank Senator Olympia Snowe for both the political courage and the seriousness of purpose that she's demonstrated throughout this process.
Now, this bill is not perfect and we have a lot of difficult work ahead of us. There are still significant details and disagreements to be worked out over the next several weeks as the five separate bills from the Senate and the House are merged into one proposal. But I do believe the work of the Senate Finance Committee has brought us significantly closer to achieving the core objectives I laid out early in September.
Most importantly, this bill goes a long way towards offering security to those who have insurance, and affordable options for those who don't. It reins in some of the worst practices of the insurance industry, like the denial of coverage due to preexisting conditions. It also sets up an insurance exchange that will make coverage affordable for those who don't currently have it. And as the nonpartisan Congressional Budget Office has certified, it will slow the growth of health care costs in the long term and it will not add a penny to our deficit.
The committee's progress over the past several weeks is the culmination of work by all five committees and numerous members of Congress over the better part of this year. We've reached out to stakeholders across the spectrum -- ...
@footballman134 clinton caused the housing bubble
Jclewell3d 1 year ago
well said sir!
bovice94 1 year ago
democrat spending spree?!? clinton had a surplus...bush turned that into a trillion dollar deficit...which party has a spending spree?
footballman134 1 year ago 2
bigtex501
BLAH BLAH BLAH
I COME FROM A WELFARE STATE AND DON'T KNOW IT
I AM AN IDIOT
I LIKE THE RADIO
Mangina9000 2 years ago
How many of us need decent dental ins? Is this being addressed?
mdryden02 2 years ago
DEMOCRAT'S SPENDING SPREE...
CONTINUES!
LATEST SENATE HEALTH CARE BILL.. The Budget Committee has determined that the Finance Committee Bill, as introduced, will cost....
$1.8 trillion over 10 years
The HELP Committee bill will cost $2.2 trillion over 10 years!
House bill will cost $2.4 trillion over 10 years.
Average cost of these bills, when fully implemented, is more than $2 trillion.
bigtex501 2 years ago
REASONS TO REJECT..
PUBLIC OPTION!
Google (copy & paste) sentences..
health care reform bill will begin in 2016 at the earliest
Democrats MANDATE health care insurance
CBO.. requirement for residents to obtain health insurance or pay additional taxes
obama cuts BILLIONS from Medicare
The goal is to reduce costs and "guide" your doctors decisions (H.R. 1 EH pages 442, 446)
obama legalize illegals to get them health care
Democrats declare that a Value Added Tax should be added
bigtex501 2 years ago
Obviously I am... LOL I intend to.... Thank you very much... You do the same!
Smartassawhip 2 years ago
Wall Street Journal
Nancy Pelosi admits that Democrats may have to **impose** a HUGE NEW TAX (VAT or NATIONAL SALES TAX) to fund their spending ambitions!
With a $9 trillion 10-year budget deficit, $4 trillion in spending in 2010 alone, & a $1 trillion (minimum) health-care entitlement, Pelosi & Dems are suggesting ADDING a Value Added Tax on TOP of existing TAXES that applies to every level of production or service, & is largely **hidden** from those who ultimately pay it...namely, CONSUMERS!
bigtex501 2 years ago
CBS NEWS
BROKEN PROMISES BY OBAMA
"The Government to negotiate drug prices"
obama.."We'll negotiate with the drug companies for the cheapest available price on drugs"
LA Times
"Tauzin (Chief Pharmaceutical Lobbyist) secured an agreement with OBAMA!
"In return for pledging $80 billion in cost savings over 10 years, the OBAMA administration has promised to BACK OFF FROM PRICE-SETTING on the Medicare Part D drug program as well as from importing cheaper drugs from Canada or Europe!"
bigtex501 2 years ago