After much debate and delay, House Democratic leaders have finally unveiled the health-care-reform bill. Despite the inclusion of a government-run insurance option, a surtax on the wealthy, and rebates that will cost drug companies more than $50 billion, the bill lacked a price tag. Democrats assure that they will be able to foot the rumored $1 trillion bill, with lawmakers making the decision to tax the wealthy up to 5.4 percent. President Obama approved the bill, saying in a statement, “The House proposal will begin the process of fixing what’s broken about our health-care system, reducing costs for all, building on what works, and covering an estimated 97 percent of all Americans. And by emphasizing prevention and wellness, it will also help improve the quality of health care for every American.”
Read it at Politico
