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Senate Passes U.S.$871 Billion Health Care Bill With New Taxes On Insurers, Families, Firms

December 29, 2009 in Daily Tax Report · Leave a Comment 

The Senate Dec. 24 passed, 60-39, an $871 billion health care overhaul bill (Senate-engrossed substitute for H.R. 3590) that would expand health care coverage to 94 percent of Americans in exchange for an array of new taxes on insurers, families, and businesses.
Thirty-nine of the Senate’s 40 Republicans voted against the bill. Sen. Jim Bunning (R-Ky.) did not vote.

President Obama Dec. 24 praised the Senate and urged lawmakers to…

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