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House leaders announce $940 billion healthcare compromise bill

Washington Post, March 19, 2010

Pushing toward a March 21 vote, House leaders announced a $940 billion health reform compromise that would extend coverage to the vast majority of Americans, cut billions of dollars from Medicare, and impose new taxes on the wealthy and the well-insured. The proposal, a rewrite of a slightly narrower healthcare bill the Senate passed on Christmas Eve, would also significantly expand the federal student loan program. House Democratic leaders hope to approve the Senate bill along with a separate 153-page package of revisions to that bill that House members are demanding, the Washington Post reports.