Thursday
Nov192009
GOP Senators Worry About Cost Of Health Care Bill
By Marianna Levyash - Talk Radio News Service
Senators Lamar Alexander (R-Tenn.) and Judd Gregg (R-N.H.) displayed concern over the high cost of the Senate health care bill during a press conference Thursday.
According to statistics Gregg obtained from the Senate Budget Committee, the bill increases federal spending by $1.2 trillion between now and 2019, and if fully implemented, it would cost over $2.5 trillion over the next ten years.
“This representation that it’s an $850 million dollar bill is simply wrong,” said Gregg.
Republicans opposed to the legislation say taxes will go up by nearly $500 billion, Medicare will be cut by $465 billion and that 24 million people will still be left uninsured.
“Revenues shouldn’t go to create a new entitlement, they should go to reduce the out-year already contingent unfunded liability that we have in Medicare,” stated Gregg.
The Senate is expected to vote on the bill this coming Saturday.
Senators Lamar Alexander (R-Tenn.) and Judd Gregg (R-N.H.) displayed concern over the high cost of the Senate health care bill during a press conference Thursday.
According to statistics Gregg obtained from the Senate Budget Committee, the bill increases federal spending by $1.2 trillion between now and 2019, and if fully implemented, it would cost over $2.5 trillion over the next ten years.
“This representation that it’s an $850 million dollar bill is simply wrong,” said Gregg.
Republicans opposed to the legislation say taxes will go up by nearly $500 billion, Medicare will be cut by $465 billion and that 24 million people will still be left uninsured.
“Revenues shouldn’t go to create a new entitlement, they should go to reduce the out-year already contingent unfunded liability that we have in Medicare,” stated Gregg.
The Senate is expected to vote on the bill this coming Saturday.
Senate Healthcare Bill Is The 'Framework' For Further Reform, Says Key Democrat
Sen. Debbie Stabenow (D-Mich.) told reporters Tuesday that although the Senate healthcare bill may not contain a medicare expansion or a public option, she will vote for it.
Said Stabenow, "We’re in a legislative process where we have to bring everyone together and get the very best that we can, and then keep working.”
“This is about a framework...and that will change the debate going forward,” she added.
The Senator from Michigan advocated passing the healthcare bill rapidly so it can then be melded with the House bill and sent to the President's desk by the end of this year.
Sen. Benjamin Cardin (D-Md.) said during the press conference that Senate Majority Leader Harry Reid (D-Nev.) currently does not have the 60 votes needed to pass the bill.
“The goal here is to get the job done...to get 60 votes so that we can proceed and overcome the actions of the Republicans, that’s what we’re going to continue to focus on,” Cardin said.
Stabenow and Cardin denied to comment on Sen. Joe Lieberman's (I-Conn.) refusal to support the bill if it included a medicare expansion provision.