John Dingell wields the gavel used when he chaired the committee that passed Medicare legislation in 1965 during an event at the U.S. Capitol unveiling the House of Representatives' Affordable Health Care for America Act (Photo Credit: Getty Images)
Washington (CNN) - House Democratic leaders unveiled a sweeping health care reform bill Thursday that includes a more moderate version of the government-run public health insurance option.
The bill - a combination of versions passed by three House committees - includes what is termed a "negotiated rate" public option. It will cost $894 billion over 10 years and extend insurance coverage to 36 million Americans, according to House Speaker Nancy Pelosi's office.
The bill guarantees that 96 percent of Americans have coverage, Pelosi's office said. The figure is based on an analysis by the nonpartisan Congressional Budget Office.
"Today, we are ... laying the foundation for a brighter future for generations to come," Pelosi said on Capitol Hill.
Nancy PeLIEsi is delusional.She truly believes that the working American people want socialism at any cost.
I will celebrate when this bill does not pass. I am counting on the Blue Dogs to have some sense, like Senator Lieberman. Thank goodness for leaders who are reasonable and will go against the flow.
This bill just continues to get watered down to the point where it is not effective toward getting the health insurance company accountable. Those who are fighting this bill will get their wish. Higher premiums, more cost to the government to cover those who aren't covered. If no true public option or preexisting coverage, this bill isn't worth much. However, will reserve till more is mentioned but so far not happy with what I am seeing. Unfortunate. So many need help and need it now.
We need a single payer system like the rest of the industrialized world.
But we'll take what we can get I suppose.
Cry "socialism" all you wish Repubs. While you sit back collecting social security and medicare, I'm working two "part time" jobs with NO healthcare insurance because companies are getting into the habit of hiring people for 30something hours a week and keeping us "part time" so they do not have to offer healthcare insurance.
The system is raping us and all you worry about is that someone might get as much as you folks do out of the system.
I'd like to see you republicans give up your social security and medicare since you "hate" social progams so much. Put your money where your complaining mouths are.
But you wont do that will you? Of course not. Why?
Because you DO NOT hate social programs. You hate Democrats. You will fight anything Democrats do for no more reason than you've been programmed by folks like Rush and Hanity and Coulter to do so.
so,if we are to believe Pelosy it will cost around 24 mil in 10 years or 2.4 mil a year to cover 36 mil people?(if I am correct it's $66000 per person per year.)
And what happened to the rest of them?
Yesterday it was 50 mil. today 36,what's going on?
I understand math is not necessary in politics,but to loose 14 mil people overnight ???
and this will be the democrats downfall. The dems are making a huge mistake, which will cost them dearly in the next election.
Nancy you're doing a GREAT job getting this Reform to go through as per the people's wishes not the insurance companies. You've taken a lot of flak, but you hang in there, you're walking on the side of the righteous and you're not alone. Thank you.
Oh boy, here we go. Still trying to put in a public option.
anything that comes from these spend-hound dems will surely sink the US economy. there is nothing good that comes from govt. control. see the post office and amtrak. post office is $7B in debt and amtrak is debt laden. tell dems to back away and leave health system alone. they destroy everything they touch. numbers don't lie. just look at economy, cash for clunkers and the $8K program for houses. all complete failures.
Stupid idea from stupid people.The breaking of the American working class for the welfare class
The big question is: does it contain costs? Does it put a cap on what doctors and hospitals can charge? Or does it give them a blank check, paid for by the taxpayers? Insurance companies have little incentive to cap costs if the government is going to reimburse them for whatever they ask.
Th Cult mentality of the GOP is amazing. I wish Limbaugh would take his followers/worshipers to Africa and follow in the footsteps of Jim Jones.
This country needs a government that works for us, not the Insurance companies. Lieberman lives in an Insurance State (Conn), so he wants to protect his friends' profits.
VOTE NO TO THE PARTY OF NO
For everyone who believes the lies of the democrats – the insurance companies are NOT making large profits. Last year their profit margin was 2% yet Pelosi says they are thieves!!
Wake up people, throwing OUR money at this system is only going to bankrupt this country and leave the government to further control the American public.
This still has a long way to go.
The House Bill and Senate Bill have to be merged. Reid does NOT have the votes in the Senate, if it includes the public option.
Therefore, they are probably going to have to cut the public option-if they want any chance of bringing this to the floor for a vote--and if they want any chance of this passing.
They plan to get their $500 billion out of Medicare by pulling the plug on your Grandmother.
If you break down the costs, It's 400 Billion for government oversight, 500 Billion for fraud and waste, and 84 billion for people ACORN can sign up.
Liberals are the biggest hate-mongerers on the planet, yet they cry and scream that Republicans are the enemy, as if they are immune to their own insults.
Of course Republicans want everyone to have health coverage, and everyone to be rich, and everyone to have nice homes.
SOMEONE HAS TO PAY FOR IT.
You demonize the GOP and fiscal conservatives for not backing HISTORICALLY irresponsible legislation as if we enjoy watching the suffering of millions.
What's going to happen when our entire health care and financial system collapses because of this, and tens of millions are without jobs and health care? WHO WILL YOU LIBERALS BLAME THEN?
Well anyone with any sense of history can quadruple this spending forecast. These programs will 3.576 Trillion dollars over the next ten years. This program will not lower health costs but rather do the complete opposite, along with restricting health care to those who have worked and earned the privilege of having health care.
Their better be public debate before the Dems past this....
These clowns in Washington are doing nothing to stop the 200 billion dollars of fraud in Medicare every year and now they're pushing another entitlement program? What makes anyone think they can run this without everyone losing their shorts?
And not to mention the free handout you want doesn't arrive until 2014. Cmon people, wake up!!
As a money manager we will lose 40% of Drs. and Surgens if this is past. Will not work for half the money and twice the risk. I already have two moving to Austrailia to work and retire after first of year. So now we will have people with the intelligence of Harry Reed, Pelosi and barney frank given life saving surgeries! GREAT would rather my janitor do it.
Here's how to pay for it:
1. Eliminate the FICA tax cap on income above $90,000. This would generate a huge source of funds. (Right now, no FICA is paid on individual income above $90,000.)
2. Change the top tax rate to what it was under Ronald Reagan: 39%. Right now, the top rate is 36%; people making higher incomes can afford to pay an additional 3%.
Are these "taxes on the rich?" Yes, they are. And the wealthy of this country can well afford it. After all, it's the least they can do for this country that has given them the opportunity to create their wealth in the first place.
it's the end of the world!!!
or at least that's what Beck will tell me today.
btw – FOX always braggin about their ratings should consider there's a lot of folks like me who tune in to get a good dose of political comedy/propaganda coming from the whiners on the right- to see what the crazys are saying, and just how close they are to starting another civil war in our country. It's called situational awareness. Knowing who the lunatics are and where they're headed.