AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,504 Increased By 59.3 (0.57%)
BR30 31,226 Increased By 36.9 (0.12%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

US Senate Democrats cleared the second of three 60-vote hurdles on President Barack Obama's healthcare overhaul on Tuesday, moving the landmark legislation one step closer to passage by Christmas. For the second consecutive day, Democrats mustered 60 party-line votes to cut off debate on the healthcare reform bill and move toward final passage over unanimous Republican opposition.
The last 60-vote hurdle will come on Wednesday, with a vote on final passage - which requires a simple majority - now scheduled for late on Christmas Eve on Thursday if Republicans use all their allotted debate time as they have vowed. The Senate also passed Democratic leader Harry Reid's 383-page amendment making final changes to the measure, including striking a government-run insurance plan and tightening restrictions on using federal funds for abortions.
Those changes helped secure the 60th vote for Democrats on Obama's top legislative priority, which has consumed Congress for months and sparked intense political brawling. "There is a lot of tension in the Senate," Reid said after the votes. "Let's just all try to get along. Let's try to work through this." Once passed, the Senate bill must be melded with a version passed by the House of Representatives last month in what promises to be a difficult negotiation. Both chambers must approve it again before sending it to Obama for his signature.
The negotiations could be tough, with clashes looming on issues like the government-run plan, which is in the House bill but not the Senate, abortion, and competing approaches on how to pay for the changes. Republicans criticise the measure as an expensive and heavy-handed intrusion into the healthcare sector that will drive up costs, increase the budget deficit and reduce patients' choices.
The non-partisan Congressional Budget Office says the Senate bill will cut the federal deficit by $132 billion over 10 years, but critics argue the revenue increases and cost savings called for under the bill may never materialise. "There is still time for one senator in the 60 to change their vote," Republican Senator Kay Bailey Hutchison said. "That's why we're still here fighting.
We want to stop this bill and do it right." The loss of even one Democrat would sink the plan in the 100-member Senate. Democrats control 60 votes, the exact number needed to overcome united Republican opposition. The overhaul would spark the biggest changes in the $2.5 trillion US healthcare system since the 1965 creation of the government-run Medicare health program for the elderly.
The Senate bill would require most Americans to have insurance, extend coverage to 30 million uninsured and give subsidies to help some pay for it. It would also halt industry practices like refusing insurance to people with pre-existing medical conditions.

Copyright Reuters, 2009

Comments

Comments are closed.