Health Care

Reconciliation Act of 2010 - Pay For?

Published March 18, 2010, 11:56 am, CST

by Diane W. Collins


Speaker Pelosi has given insight into how the $940B Reconciliation Act of 2010 is to be paid for. The eradication of Medicare and Medicaid abuse is said to be a large measure of the pay for. In addition, changing how "un-earned income" is taxed and applying the medicare payroll tax to unearned income appears to be part of the plan.


President Obama mentioned this when he and Sen. Claire McCaskill (D-MO) stumped for health care reform in Sen. McCaskill's state of Missouri earlier this month. Obama's Improper Payment Elimination and Recovery Act was introduced saying it will eliminate $100B annually in Medicare and Medicaid abuse. President Obama went on to reiterate his three point plan for health care reform; like it keep it, the exchange, and cost control.


Rep. Cynthia Lummis (R-WY)As we have reported, Rep. Cynthia Lummis, member of the House Budget Committee which met March 15th to begin the Health Care Reform reconciliation process stood before the House on March 16th to declare the President's promise, "If you like your current health care plan, you can keep it," is not actually part of the bill.


We are awaiting the Internet posting of HR 4872, The Reconciliation Act of 2010 in its entirety.


Update: POSTED


HR 4872, The Reconciliation Act of 2010 (PDF)




Additional Rules Committee Resources on HR 4872 and related ammendments, bills and reports.


Further reading: