Obama Health Plan Costs $950 Billion - WSJ.com: "WASHINGTON—President Barack Obama is upping the ante on health care.
In a last-ditch effort to salvage his overhaul of the sector, the president unveiled a $950 billion plan that lays the groundwork for his party to try pushing its legislation through Congress without Republican support.
Instead of paring his ambitions, as some in the White House had recommended, the president proposed a new plan based on what the Senate passed in December, adding more spending, more subsidies and a revised mix of taxes.
Mr. Obama's plan, released ahead of a televised health summit with congressional leaders Thursday, didn't include any additional nods to Republican ideas. Republican leaders denounced it, suggesting that the summit is unlikely to lead to bipartisan breakthroughs. White House aides said the president was prepared to incorporate Republican ideas into the framework set by the Democratic bill, almost daring Republicans to remain opposed."
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