Obama puts forward $1 trillion health care plan - Spokane, North Idaho News & Weather KHQ.com

Obama puts forward $1 trillion health care plan

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(File Photo)

WASHINGTON. - President Barack Obama is offering a fresh proposal for overhauling health care, days before he convenes a bipartisan health care summit.
     
His plan would provide coverage to more than 31 million Americans who are now uninsured, at an estimated cost of about $1 trillion over 10 years. It would be paid for by a mix of Medicare cuts, tax increases and new fees on health care industries.
     
It would also allow the government to deny or roll back insurance premium increases.
     
But it conspicuously omits a government insurance plan sought by liberals.
     
Its prospects for passage by Congress are uncertain, since Republicans are virtually all opposed and some Democrats who last year supported sweeping health care changes are having second thoughts.


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    >>

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