Wednesday, July 8, 2009
Vice President Joe Biden has announced a White House deal with the hospitals to help pay for President Barack Obama's overhaul of health care.
Biden made the announcement Wednesday morning at the White House with hospital administrators and Health and Human Services Secretary Kathleen Sebelius.
Biden said "reform is coming."
Biden said the hospitals are ready to give up about $155 billion over 10 years in government payments. The money could then be used to help pay for covering millions of uninsured.
Despite the deal, some Democrats are rebelling over taxing generous health insurance benefits to pay for any overhaul, jeopardizing bipartisan legislation in the Senate and the president's ambitious timetable.