News:$634 Billion Down Payment for Goverment's Health Fund

You don't need to be Editor-In-Chief to add or edit content to WikiDoc. You can begin to add to or edit text on this WikiDoc page by clicking on the edit button at the top of this page. Next enter or edit the information that you would like to appear here. Once you are done editing, scroll down and click the Save page button at the bottom of the page.

(WikiDoc) - A White House official has acknowledged Pres. Obama's budget outline for the next fiscal year includes a whopping 10-year, $634 billion "down payment" on healthcare reforms. The official, who wishes to remain anonymous, says half of that reserve would come from new revenues, like higher taxes on wealthier Americans. Pres. Obama's proposal would also require insurers to competitively bid on offering Medicare Advantage plans. The President presented his budget outline to Congress today.