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Thursday, October 25, 2007

House passes expanded kids' insurance bill

It's like deja vu all over again. I guess I should not mind because it keeps interest high for information like I have on my blog. I just wish that their time could be spent more wisely. Once again this bill passes the House of Representatives. Once again it is by not enough to override a veto. Once again President Bush will veto this bill. They have to finish a funding proposal by the end of November because that is when the current SCHIP program will end. Nobody on either side of the aisle wanted to see the end to this program. It was the Republican Congress that established this program in 1997. There is no way they would be interested in seeing it go unfunded. This issue is only about the tax and spend Congress. They want to know exactly how much of your money they can spend. I wish leadership would focus on the cost of health care rather than free health insurance. Enjoy the article, but it is just like one from merely three weeks ago.

By Ruth Mantell, MarketWatch

WASHINGTON (MarketWatch)
-- The U.S. House passed an expansion of the State Children's Health Insurance Program Thursday evening, despite a new veto threat and continued opposition from many Republican representatives.

House lawmakers voted 265-142 to approve the new plan, known as SCHIP. If President Bush carries through with his threatened veto, and precedent indicates that he would, then the tally would fall short of the two-thirds majority needed to override.

Bush criticized the new SCHIP plan, saying that it doesn't meaningfully address prior objections. The revision still calls for an increase in tobacco-product taxes to fund a $35 billion expansion over SCHIP's current $25 billion five-year funding baseline. A current extension of SCHIP expires in mid-November.

"Of course [the president] would veto it," said Tony Fratto, a White House spokesman. "In some ways, this bill is worse than the previous bill. It raises taxes on working Americans to move people from private insurance to public assistance. No tax increase of any kind is needed to fund this program."

Continue reading this article here.

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