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someone getting tonight
http://news.yahoo.com/s/ap/us_health_care_overhaulIn a victory for President Barack Obama, the Democratic-controlled House narrowly passed landmark health care legislation Saturday night to expand coverage to tens of millions who lack it and place tough new restrictions on the insurance industry. Republican opposition was nearly unanimous.
The 220-215 vote cleared the way for the Senate to begin debate on the issue that has come to overshadow all others in Congress.
A triumphant Speaker Nancy Pelosi likened the legislation to the passage of Social Security in 1935 and Medicare 30 years later.
"It provides coverage for 96 percent of Americans. It offers everyone, regardless of health or income, the peace of mind that comes from knowing they will have access to affordable health care when they need it," said Rep. John Dingell, the 83-year-old Michigan lawmaker who has introduced national health insurance in every Congress since succeeding his father in 1955.
In the run-up to a final vote, conservatives from the two political parties joined forces to impose tough new restrictions on abortion coverage in insurance policies to be sold to many individuals and small groups. They prevailed on a roll call of 240-194.
Ironically, that only solidified support for the legislation, clearing the way for conservative Democrats to vote for it.
The legislation would require most Americans to carry insurance and provide federal subsidies to those who otherwise could not afford it. Large companies would have to offer coverage to their employees. Both consumers and companies would be slapped with penalties if they defied the government's mandates.
Insurance industry practices such as denying coverage on the basis of pre-existing medical conditions would be banned, and insurers would no longer be able to charge higher premiums on the basis of gender or medical history. In a further slap, the industry would lose its exemption from federal an rust restrictions on price gouging, bid rigging and market allocation.
someone getting tonight
damn Pelosi's chichis are sittin on her belly
Meh. Still a long ways to go before it becomes law.
Saturday night. Did Pelosi give it 72 hours on the internet like she promised? Is that another pay-go promise?
It will take reconciliation in the Senate.
Do the Dems have the balls for reconciliation? I doubt it.
The Dow closed at 10,023.42 Friday. I wonder how far it will drop now?
I'd hit it.damn Pelosi's chichis are sittin on her belly
public option or no??
It will go up instead. Health care costs is one the things hurting the US economy and driving jobs out of the country. However, if and ever the US implements universal health care, it will take a while to get to a consistent system. I think there will be a lot of startup problems with it.
Democrats versus Republicans...
The bill, like anything else coming out of Congress is deeply flawed and compromised (eg, no robust public option), but it's a start and will need refining and correcting.
Other countries with national insurance/health care systems have been refining them for decades. They just didn't pop out overnight in one legislative act.
One strike against the US plan is that other countries didn't have paranoid, loser s screaming the empty heads off poisoning the national discourse, intending to destroy govt as 100% evil, nor an obstructioninst, destructive, ignorant Party of No like the tea-bagging Repugs, more interested in politics and abusing government to their own enrichment than in governing (which they consider to be an illegitmate activity, since government is illegitimate).
try to find it on www.foxnews.com
you will need a magnifying glass find the story.
It's on the front page. Top of the page.
Yeah, one deep flaw is abortion and private insurers...now they don't pay?
and no portability or tort reform.
I wonder if the one republican who voted for it, did so to force a senate vote, to see who to vote out, or if he's a RINO? Afterall, it won't get through the senate.
They said his district is primarily New Orleans. I can imagine that cities cradle to the grave fed "help" and "assistance" played a role in him going to the darkside.
Isn't the gov of LA a conservative?
Up 151.30 as of noon Eastern Time.
It's the stock prices of the health insurance companies specifically that should be watched.
Their stock went UP when the right-wing was spreading lies, echoed by the media, that the public option was dead.
Retailiers and the banks are having some good news today. That's driving the dow up, not the healthcare vote.
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