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Blueprint for a health care -- -- yes now we're finally learning some details.
Max Baucus is the Senate Finance Committee chairman he has unveiled his draft now.
For a reform bill this is what we've all been waiting for -- of the senate.
The official announcement about two hours from now but he may be a very lonely man.
At the bike.
Flying so low.
In a brand new hour here of America's Newsroom good morning again everybody.
I'm Megyn Kelly on Bill Hemmer a lot of big news this morning hunter and -- we need a laugh I think.
Were you not go after this -- of the baucus bill get to know it too because this -- carries an 880 billion dollar price tag that not baucus says.
Will not -- a single penny to the deficit.
What's not -- it the so called public option a government run insurance plan.
The Montana Democrat is standing behind this bill saying quote.
The finance committee has carefully worked through the details of Health Care Reform.
To ensure -- -- package works for patients for health care providers.
And for our economy.
We worked to build a balanced common sense package that ensures quality affordable coverage and doesn't add a -- to the deficit.
-- -- live in Washington home.
So you've been reporting on senator baucus is draft for days now it is finally officially.
Out what are the highlights.
Well for so it's not exactly how he wanted things to go.
The senate to the senate wanted to have its bill passed before the August break in the senate finance chairman one attack obviously a big role in that.
Everything is backed up and now we see this probably -- he is doing everything he -- today.
Just to be upbeat this is him just a few moments ago.
Well there's a great day and many steps forward.
-- look forward to.
We're Steve told us earlier this afternoon that it has committed against himself and a very good about moving forward through that could go out and out send beautiful.
And what we do know now is that the 880 billion dollar figure that senator baucus had been saying this would actually cost.
Is lower than that according that he is now released document its 856 billion dollars.
And here in this senate finance -- -- a news conference just a short time from now where he will be standing at that podium all by his lonesome.
Because after eight months of negotiation with the bipartisan gang of six including three Republicans and three Democrats as well as the input of various different members the -- Senate Finance Committee.
None of them have agreed to support this it was supposed to be bipartisan and the senate chairman of the -- -- chairman.
Will be doing this basically by himself there's a chance that they can that be some of these Republicans or other Democrats will sign onto it but -- the truth this.
There is growing criticism liberals are particularly worried that the cost of health insurance the premiums will be to -- Conservatives aware that the price tag even at 856 billion is too -- but I do underestimation.
Because all of four other bills on Capitol Hill started a trillion dollars and go north of that.
They -- what specifically I heard you say yesterday and that it was well put that the only thing bipartisan about this bill appears to be the opposition to it.
Tells more about why the Democrats have a beef with us.
Well as a number of reasons first of all there are substantial cuts to Medicare -- on this ostensibly again put in in the elimination of waste fraud and abuse but.
Democrats are concerned that that's going to in some way under cut services to beneficiaries under Medicare whereas the supporters of those reductions in spending.
Say that it would really be more administrative cost that's a big problem and the idea that premiums.
In the co op plan which is the consumer owned and oriented program.
Would still be very high and ultimately -- some of the little putt it middle income families.
-- he may have a problem from his own members and members of his own party -- by the GOP could be a lonely -- always had sockets Carl Cameron will be there at least.
And he'll be bringing us updates later Carl thanks so much empty room.
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