Senators hear concerns over costs of health proposal

New York Times, August 7, 2009

Senior members of the Senate Finance Committee, trying to put together a bipartisan bill to guarantee health insurance for all Americans, were told that their proposals might be unaffordable to states and to many low-income people. The emerging legislation would expand Medicaid to cover millions of additional people. It would also offer premium subsidies, in the form of tax credits, to people with incomes just above the Medicaid cutoff so they could buy private insurance.