Wednesday, September 16, 2009

Thank you, Senator Baucus. I am happy for everyone, the Senate, the people of the USA and President Obama. It's really going to happen.

The Compromise Bill will be very interesting. The House and Senate needs to pass their final bills and move it to committee to finalize the Bill the President will sign. I congratulate the Democrats for fighting and continuing to fight an incredibly uphill battle for so very long. This is a wonderful legacy to the memory of Senator Kennedy as well.

...The House version of the health legislation (click title to entry - thank you) would require some employers to pay as much as 8% of payroll as a fine if they don’t offer coverage to workers. Under the Senate Finance measure, employers who decline to provide coverage would face a smaller penalty, and in narrower circumstances.
The Senate Finance legislation — set to be unveiled on Wednesday — says employers with more than 50 full-time workers would pay a $400 fee for each employee if they don’t offer health insurance. The fee would be triggered if any employees apply for federal tax credits to buy coverage....