Action Alert
Health Care Act of 2009
Robin B Tucker, house leaders have released a health care overhaul bill (H.R.3200) that lawmakers plan to vote on before the August recess. The Congressional Budget Office has not yet officially scored the measure, but has given a preliminary estimate of the insurance expansion provisions of the bill at a total cost of just over $1 trillion over 10 years.
About half of the cost would be covered by reducing spending on federal health programs, primarily Medicare. Much of the rest of the money would come from a tax on families earning more than $350,000 a year and individuals earning more than $280,000. The taxes, which would go into effect in 2011, are expected to affect about 2.1 million taxpayers. The surtax would start at 1 percent and rise to 5.4 percent on income exceeding $1 million.
Major Provisions of the Bill:
- It would cover all but 17 million of the nation’s estimated 46 million uninsured.
- The Medicare and Medicaid sections would include cuts to those programs that would help pay for the bill.
- It would include a surtax on the wealthy that would raise $544 billion over a decade, according to the Joint Committee on Taxation. Other tax provisions raise the revenue total to $581 billion.
Democrats said their legislation would cover 97 percent of Americans, by expanding private insurance coverage through employers and through a new government-organized marketplace.
Republicans have said the Democrat’s bill as a “government takeover” of health care that would result in most people ending up in the government-run plan.
Should Congress pass H.R.3200?
Click here to voice your opinion on this bill!
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Health Care Act of 2009: http://www.spesend.net/SpeClicks.aspx?X=2R0QE581HQVVW5JO01MCWV
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