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Coffee and Markets

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Senate Majority Leader Harry Reid has finally brought out the health care bill he’s fashioned behind closed doors over the past several weeks, and it ain’t pretty. The Budget Committee fully implemented 10 year score of the bill is $2.5 trillion. The CBO score, which is really just a six year measure, says taxes will go up $493.6 billion, while Medicare will be cut $464.6 billion. It’s a massive piece of legislation, but will it actually solve any of America’s health care problems? We’ll discuss the bill on today’s Coffee and Markets, a daily podcast from The New Ledger on politics, policy and the marketplace with Francis Cianfrocca, brought to you by BigGovernment.com.

You can subscribe to the podcast by following the links above, and if you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

Related Links:

Keith Hennessey: Reid’s Tax Increases
Weekly Standard: 2,074 Pages of Bad Ideas
AUL: Reid Releases Pro-Abortion Health Care Bill
Reuters: Key Differences in Bill
Times Online UK: Obama Fears Double Dip Recession
WSJ: Showdown on Health Care