GOP attacks cost of health overhaul in Senate address
Senator Mitch McConnell denounces Democratic health care plans as costly and potentially rationing care. He cites CBO estimates above 1 trillion dollars over a decade, criticizing a rushed push and arguing a government plan would not fix the economy. House Democrats unveil a plan mandating insurance and creating a public option.
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White House reaches drug benefit deal with pharma firms
The pharmaceutical industry will spend 80 billion dollars over ten years to improve Medicare drug benefits and defray costs of health reform. Sen. Max Baucus praised the plan, which would have drugmakers pay half the cost of brand name drugs for seniors in the doughnut hole and count toward out of pocket limits. Obama called it a turning point in health care reform.
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