Americans’ health care bill may not reach the Senate floor before the Fourth of July weekend, as some had originally hoped, but at least we have a price tag: Senate Finance committee Chairman Max Baucus said on Thursday that "We have options that would enable us to write a $1 trillion bill fully paid for.” Senators spent the week trimming almost $600 billion in costs from the bill. According to Politico, “Democratic Senate Finance staff said bill would still cover 97 percent of Americans. The bill is likely to include a mandate on individuals to purchase insurance, a requirement that employers offer coverage or subsidize the costs of a plan in a new health-care "exchange," and the creation of nonprofit insurance cooperative to compete with private insurers.”
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