Health Care Bill Passes Senate Committee

Government Health Care Closer Than Ever Before

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The Senate Health, Education, Labor and Pensions Committee voted out a version of the Health Care Bill on partisan lines for a vote of 13 to 10. The Health Care Bill has been roundly criticized for its cost and its effect of advancing socialized medicine.

According to the New York Times:

"The health committee bill, like the House version of the health care legislation unveiled on Tuesday, requires Americans to obtain health insurance and would provide subsidies to the poor to help them to do so. And it similarly requires most employers to provide health coverage to their employees or to pay a fee to the government instead."

Allahpundit at Hot Air suggests that the estimates of a trillion dollars over ten years is very optimistic.

"In fact, it'll be more than $200 billion once it gets going, which won't happen until 2014, and that's assuming that the cost projections aren't wildly over-optimistic the way every other projection they've made this year has turned out to be. In fact, the trillion-dollar figure doesn't even account for all expenses; as MKH notes, the CBO has yet to compute "administrative costs" of implementing the program or the effect it'll have on other areas of federal spending."

The trillion dollar cost is supposed to be paid for by imposing a surtax on the so-called "rich", a group of people regarded as little more than cash cows by the government for any project its proposes to create. According to Politico, the House version and likely the Senate version of the Health Care Bill would jack up taxes for higher income Americans, at first.

"A married couple making more than $350,000 and less than $500,000 would be hit with a 1 percent tax, those making between $500,000 and $1 million would be assessed a 1.5 percent tax and those making more than $1 million would see a 5.4 percent surtax added to their tax bill. Some of the rates could climb if anticipated savings from elsewhere in the bill did not materialize."

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