Word: billing
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...that they have a CBO analysis which has made them "giddy," in the words of House majority whip Jim Clyburn, it clears the way for a vote as soon as Sunday afternoon on the Senate health-reform bill and a package of changes to the legislation assembled by House Democratic leaders. Indeed, the momentum seemed to be shifting as the day went on. In the wake of the positive CBO evaluation, Democratic Representatives Betsy Markey and Bart Gordon - who voted against an earlier House reform bill - committed to supporting the newly unveiled legislation. Also on board Thursday were members...
...unveiling the CBO score, House Democrats also confirmed the changes they would make (which Obama had supported) to the underlying Senate bill, notably stripping out some sweetheart deals like a special Medicaid funding deal for Nebraska and a provision that would have given special treatment to Medicare Advantage recipients in Florida and a handful of other states. And the House package also makes some substantial changes to other policies in the Senate bill. Relative to the Senate bill, the House package would...
...billion to just $32 billion. Richard Trumka, president of the AFL-CIO, which opposed the tax out of concerns it would end up hitting many union members' health plans, said in a conference call with reporters Thursday that he was satisfied with the change. While stressing that the Senate bill with the House package is "not a perfect bill," Trumka said it will "end a reign of insurance company terror" and is "an opportunity to change history we can't afford to miss." (See the top 10 players in health care reform...
...These changes essentially represent a compromise between the Senate and House bills. But for them to become law, the Senate would have to pass them separately after the House under a process known as reconciliation, which requires only a simple majority of 51 senators. Still, reconciliation can be procedurally arduous and Senate Republicans plan to use parliamentary rules to try to delay or stop the House package from being passed. Without this, the Senate bill itself - with its sweetheart deals and unadjusted tax on high-value insurance plans, for example - would stand...
...that is not expected to be enough - and private investors have indicated that they may not be willing to make up the difference during the economic downturn. There are also signs that the initial cost estimates have been way off. Last July, the government said the total construction bill would run about $6.6 billion, but just a couple of months later, it revised that figure to a whopping $34 billion, according to the Russian news service RIA Novosti. Amid concerns that construction is running behind schedule - a problem exacerbated by the workers' strike, now in its second week - political pressure...