Health Care Reform Bill By July
President Barack Obama and Speaker of The House Nancy Pelosi have promised to have a sweeping health care reform bill on the floor by the end of July. President Obama sited new Medicare forecasts that suggests the system will become unsustainable much sooner than originally projected.
Obama’s overaching plan to provide health insurance coverage to the nations 50 Million uninsured is the cornerstone of the promise overhaul the country’s broken system.
Independent experts have estimated the costs of such an overahaul at about $1.5 trillion over 10 years.
