Healthcare Reform Update - 12March2010

Democrats Plan for Health Bill Vote Next Week
  • The House Budget Committee will begin the reconciliation process on Monday at 3 p.m.
  • House members have been warned they will stay in session next week until a vote occurs, even if it runs into the weekend.
  • President Obama has postponed his overseas trip until March 21 in anticipation of passing the bill.
  • This is part of a two-part strategy to pass legislation.
    • First: The House will vote on a Senate passed version of a healthcare bill.
    • Second: A vote on fast-track legislative process, known as budget reconciliation, will occur.  
      • With this approach a simple majority is all that is needed to pass it.
  • The total cost of the measure is projected to be $875 billion price tag over 10 years with an overall deficit reduction of $118 billion.

Anticipated components include:


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