Word: plan
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That's a very big difference. Where the insurance industry says that it would go broke if it had to compete with a Medicare-like option, some of the big companies say privately they could live with a government plan, if it had to sustain itself (as they do) on the premiums they collect, and if it is subject to the same regulatory rules that they are. Similarly, the weaker House version would not run into as much opposition from hospitals and doctors, who don't want yet another government plan squeezing them the way that Medicare does. However, that...
...people buy insurance. Both the House and Senate approaches would require people who don't get coverage from their employers to go out and buy it on their own. And both anticipate that the government would give lower-income people subsidies to help them afford that coverage. The House plan proposes providing those subsidies on a sliding scale to people who earn up to 400% of the poverty level - in other words, $43,320 for an individual and $88,200 for a family. That is about the level that the Senate Finance Committee is expected to come up with...
...House, like the Senate, has set an ambitious timetable for itself to get the bill passed. Waxman, for instance, expects to hold hearings on the plan later this month and begin drafting his bill shortly after the July 4 recess. Any differences among the versions produced by the three committees would be worked out by the House Rules Committee - which, in practice, means that Speaker Nancy Pelosi will have a strong say in the shape of the final product. House leaders hope to have a bill on the floor by the final week of July...
...apparently, one of the reasons that led to the fatal decision to order police officers to open roads and the remove protesters from the pipeline. Garcia has been talking about making Peru an oil and gas superpower since taking office in 2006 and the protests were ruining that plan. The country is currently in the middle of a commodites-led boom, even as most of the rest of the world is in recession...
...exploration will top $1 billion this year, something the administration does not want to lose to protests. "This government wants to occupy the Amazon with concessions as if no one lived there, but it has come up against indigenous resistance," says La Torre. "What is needed now is a plan to stop the bloodshed and make sure the martyrs on both sides did not die for nothing...