Here we go the fight is on.
Senate Health Bill Totals $849 Billion, CBO Estimates - FOXNews.com
Senate Democrats on Wednesday gleefully unveiled their version of President Obama's sweeping health care overhaul plan that congressional budget analysts estimate would cost $849 billion over 10 years-- a figure in line with Obama's call for a price tag of no larger than $900 billion.
"We all acknowledge this legislation is a tremendous step forward," Senate Majority Leader Harry Reid said at a news conference, flanked by several other Democrats. "Why? Because it saves lives, saves money and protects Medicare, makes Medicare stronger."
"We've traveled really a long ways to where we are and tonight begins the last leg of this journey that we've been on now for some time," Reid added.
The Senate bill, which includes a government-run insurance plan that would allow states to opt out, would extend health care coverage to more than 94 percent of the population, or 31 million additional Americans. It also would cut the federal deficit by $127 billion over the first 10 years and as much as $650 billion over the next 10 years, according to the analysis by the nonpartisan CBO.
Senate Majority Leader Harry Reid released the bill and its price tag to his colleagues Wednesday afternoon. He has spent weeks merging two versions of the bill that passed out of two separate Senate committees.