Major quibble here is that this isn't the bill Obama necessarily backs; the final one he signs with the PO will be the one he backs imo, but things are looking up.
Obama-backed health bill gains ground
By DAVID ESPO
AP Special Correspondent
WASHINGTON (AP) -- Health care legislation backed by President Barack Obama all but cleared a major hurdle in the Senate early Friday as Democratic liberals and moderates on a key committee closed ranks behind the
most sweeping set of changes in a half-century.Obama hailed the developments in the Senate Finance Committee as a milestone, and said in a written statement, "we are now closer than ever before to finally passing reform that will offer security to those who have coverage and affordable insurance to those who don't."
The legislation is designed to spread health insurance to millions who now lack it, and cracks down on industry practices such as denying coverage on the basis of pre-existing medical conditions.
More than $400 billion in federal subsidies would help defray premium costs for lower-income families and help small businesses offer coverage to their workers. Most policies would be required to cover preventive care as well as treatment for medical illness and vision, dental and mental health needs.
It was past 2 a.m. in the East - and Obama's top health care adviser, Nancy-Ann DeParle in attendance - when Sen. Max Baucus, D-Mont., the committee chairman, announced that work had been completed on all sections of the legislation.
"This bill will lower taxes for more than 42 million Americans and reduce the federal deficit," he said. "This bill will protect Medicare benefits for seniors. This bill will significantly expand health coverage."
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