Key House Leader Says Markup on Reform Legislation Set for July
On Friday, House Ways and Means Committee Chair Charles Rangel (D-N.Y.) said his committee will start markups of the House health reform legislation during the week of July 13, CQ Today reports.
The bill calls for individual mandates, subsidies to help low-income people and small businesses purchase insurance, and changes to Medicare payments.
Rangel called raising the funds for health reform "the roughest part of the entire process." He said that the Congressional Budget Office has yet to score the legislation but added that he is aiming to have the bill cost about $1 trillion.
The bill will be paid for through a combination of cost savings and revenue increases that would be adjusted to fit the CBO targets (Rubin, CQ Today, 6/26).
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