Thursday, March 18, 2010

Dems sweeten health bill, set showdown Sunday vote

Historic health care change in the balance, Democrats plowed fresh billions into insurance subsidies for consumers on Thursday and added a $250 rebate for seniors facing high prescription drugs, last-minute sweeteners to sweeping $940 billion legislation headed for a climactic weekend vote.

President Barack Obama scuttled an Asian trip in favor of last-minute lobbying at the White House on his signature issue, playing host to a procession of wavering Democrats.

"It will make history and we will make progress by passing this legislation," predicted House Speaker Nancy Pelosi as Democrats unveiled final alterations to a bill — 16 tumultuous months in the making — meant to expand health care to 32 million uninsured, bar the insurance industry from denying coverage on the basis of pre-existing medical conditions, and trim federal deficits by an estimated $138 billion over the next decade.

The health care portions of the bill would affect early every American and remake one-sixth of the national economy.

SOURCE: Associate Press > Yahoo News