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Other changes would not kick in until 2014. By then, most Americans will for the first time be required to carry health insurance
-- either through an employer, through a government program or by buying it for themselves. Those who refuse will face penalties from the IRS. Tax credits to help pay for premiums also will start flowing to middle-class working families with incomes up to $88,000 a year, and Medicaid will be expanded to cover more low-income people. The nonpartisan Congressional Budget Office said the bill awaiting Obama's signature would cut federal budget deficits by an estimated $143 billion over a decade. The second measure, which House Democrats demanded before agreeing to approve the first one, includes enough money to close a gap in Medicare prescription drug coverage over the next decade, starting with an election-year rebate of $250 later this year for seniors facing high costs. Polls show the public is split over the bill, so Obama will stick with the sales job for the foreseeable future, with an eye toward helping those Democrats who cast risky votes for his plan and who are facing tough re-election battles in November.
[Associated
Press;
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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