Health Care Reform Bill Passes — New York Real Estate

Health Care Reform Bill Passes

by Raja Tayeb on March 30, 2010

health care reform

The U.S. House of Representatives voted Sunday to approve health care reform legislation designed to provide coverage to more than 32 million uninsured Americans.

After the bill was signed by President Obama Tuesday, it was sent back to Congress for a package of “fixes,” which tacked-on student financing reform, stopping private banks from originating student loans subsidized by the government in favor of direct government lending. The measure passed both the House and Senate Thursday.

The bill, which pledges more than $1 trillion of taxpayer funding over the next decade, passed the House 219 to 212 on Sunday. No Republicans voted for it, and 34 Democrats voted against the main legislation. The second version passed the House 220 to 207, and the Senate 56 to 43, with all voting Republicans and three Democrats voting “no.”

President Obama is expected to sign the new version of the bill early next week.

Source: Los Angeles Times, Noam N. Levey and Janet Hook (03/22/2010) and The Associated Press, Erica Werner (03/26/2010)

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1 Response to Health Care Reform Bill Passes — New York Real Estate

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