Health Care Bill Clears Hurdle in Senate, No Thanks to Olympia Snowe
Sen. Olympia Snowe of Maine stuck to her Republican guns, but the vote to end debate passed anyway. Yay, Lieberman, we guess.
The 2,700-page bill still needs to be reconciled with the very different one passed by the House last month, and Speaker Nancy Pelosi has already vowed to reject the Senate Bill. The biggest gain of the Senate bill is the insuring of 15 million currently uninsured Americans through an expansion of Medicaid, which will be paid for by raising taxes for people earning over $200,000 a year, and couples earning over $250,000 a year.
Also, the bill would require all Americans to get health insurance, and provide federal subsidies to moderate income families to obtain private insurance -- which is the aspect that has sent insurance and drug company stocks skyrocketing.
More procedural votes are scheduled tomorrow at dawn, at 1 p.m. Wednesday, and a final vote is scheduled on Christmas Eve, which is obviously meant for its symbolism as much as a way to say they got this thing done before the end of the year. The same 60-40 split -- with 58 Democrats and 2 Independents voting yes, and Olympia Snowe stubbornly voting no -- is expected to prevail in all these votes.
