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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (90804)10/25/2009 5:21:54 PM
From: GROUND ZERO™2 Recommendations  Respond to of 94695
 
Fred, even a child could see the obvious... but the politicians continue to approve and sign multi trillion dollar debt laden bills which drive us further into bankruptcy without reading any of it, this is despite the fact these bills are poorly conceived and badly written... and this "health care" debacle has more pork attached to it than anything else in history to date... it's business as usual while Rome burns...

GZ



To: fred woodall who wrote (90804)10/25/2009 5:39:52 PM
From: puborectalis  Respond to of 94695
 
Senate Democrats may be close to garnering enough votes to pass a health-care bill that includes a government-run health insurance option, Sen. Charles Schumer said on Sunday.

"We're close to getting the 60 votes we need to move forward," Schumer, D-N.Y., said on NBC's "Meet the Press."

The government would set up an insurance plan that would create a level playing field with private insurers in states, such as having the same negotiated rates with providers and same requirements, Schumer said. The plan gaining traction is a proposal that states would be allowed to opt out of, Schumer said.

In some states, especially where few insurance companies operate, "it's the only real way and best way to bring costs down. Insurance companies won't do it on their own," he said.
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He also emphasized that no person would be required to take the public option.

"If you like your private insurance, stick with it," he said.

Even some Democrats who have hesitated to support a government-run proposal have warmed up to this one because of the opt-out option, he said.