House Democrats Release Draft Health Care Bill

By June 19, 2009Health Care

Includes a public option.

House Democratic Chairmen Unveil Discussion Draft for Health Care Reform

On June 19, at 1:00 p.m. EST, the Chairmen of the House Ways and Means, Energy and Commerce, and Education and Labor Committees held a press conference to unveil their discussion draft for health care reform.  The three panels with jurisdiction over health policy in the House have been working together as one committee to develop a single bill that fulfills President Obama’s goals of reducing health care costs, protecting and increasing consumers’ choices, and guaranteeing access to quality, affordable health care for all Americans.

Many documents — thank you — including:

At the news conference, many claims by Chairman Waxman that the plan will be financed by savings in health care costs. Empirically, is there any reason to believe that’s possible?

Looking around the web, here’s something from Investor’s Business Daily, “Dems May Fall Into VAT To Pay For Health Plan.

And from CCH,”Health care reform funding proposals being considered“:

Lawmakers are considering several options for offset the cost of financing major health care reform, according to a June 2 letter written by Joint Committee on Taxation Chief Thomas A. Barthold. Barthold’s letter to Senate Finance Committee Chairman Max Baucus, D-Mont., and Ranking Member Charles Grassley, R-Iowa, includes a list of possible revenue offsets that would generate between $51.6 billion and $1.17 trillion over 10 years. Many of the proposals would cause Americans to lose their health care coverage, unless those losses were mitigated through other health care reform measures, the letter states.

Etc. Stock up on soda pop, ’cause the taxes will go up.

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