The Congressional Budget Office preliminary estimate of the Senate Finance Committee’s work is a devastating revelation. The bill is a platform for an enormous jump in federal spending, and yet it still leaves 25 million Americans without health insurance. The gross cost of new federal outlays increased from $738 billion …
Each of the health care bills moving through Congress expands Medicaid by making the government-run program available to all adults with incomes at or below 133 percent of the federal poverty line (PVL). The change would dramatically multiply eligible recipients: 33 states would see increases of at least 30%, including …
Just hours after the Senate Finance Committee completed its mark-up of its version of health care reform, Committee staff released a statement that announced, “[i]n a letter sent to Congressional leaders yesterday, Democratic governors affirmed their shared commitment to expanding health care coverage to millions of low-income Americans through the …
Obamacare: Day Three of Senate Finance Committee Hearings On Thursday, September 24th, the Senate Finance Committee continued to vote on amendments to the “Chairman’s Mark” of the America’s Healthy Future Act of 2009. As the committee continues to consider more than 500 amendments, it is becoming clear that Senators are …
The Committee on Finance has issued a press release that claims under Chairman Baucus’ health care plan, now being marked up and amended in full Committee session: “[e]very state would spend less on Medicaid compared to current spending levels over the next three years (2010-2012), equaling a total net decrease …
Sometime next month the Senate will be forced to raise the federal debt limit beyond a record $12.1 trillion. While the current recession has exacerbated the problem, our rising national deficits are actually a structural problem a long time in the making. In the coming decades, the cost of Social …
