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Prominent Dems propose pay plan for health overhaul

USA Today, June 30, 2009

Two top Democrats with close ties to the White House have outlined a framework for financing a $1.2 trillion healthcare overhaul. The proposal, which laid out options on taxes and other tough issues without making final decisions, was made by former Senate majority leader Tom Daschle and former White House chief of staff John Podesta. The proposal would raise $400 billion each over 10 years from three sources: Medicare and Medicaid savings, from new tax revenues and from modernization.