Yesterday, Senator Max Baucus announced his intent to implement the first round of modifications to his compromise health care legislation in order to
address concerns of affordability made by Senate Democrats, and Republican Senator Olympia Snowe. The move, which plans to reallocate $28 billion within the bill, aims to create larger subsidizes for low income individuals and lower the penalties for those who do not purchase health care coverage.
Senator Max Baucus (D-Montana), the chair of the Senate Finance Committee, announced yesterday that his compromise health care bill will be released Wednesday. The bill, the result of ongoing negotiations between the Senate's "gang of six"(3 Democrats and 3 Republicans on the Finance Committee) is expected to cost $880 billion over the next 10 years and be representative of the most moderate proposal going through Congress currently.