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Max Baucus

Baucus Unveils $856 Billion Health Care Plan, Predicts 'Broad' Support

The chairman of the Senate Finance Committee released his much-anticipated version of a health care reform plan on Wednesday, but was knocked back quickly by Republican and liberal Democratic opposition that called the plan undoable. Despite the early criticisms, Sen. Max Baucus , D-Mont., said that his plan, which has no government-run insurance option, is a "common-sense bill that can pass the Senate" and represents a compromise. The proposal does include a different system aimed at providing Americans an alternative to traditional private insurance. "This is our chance to reform health care in America. We cannot let this opportunity pass," he said, predicting that he will eventually attract Republicans. "We will act." The package was pegged at $856 billion over 10 years, which is less than the $880 billion price tag Baucus previously advertised. It also largely follows the outline given by President Obama a week ago. The Congressional Budget Office gave the bill a price tag of $774 ...

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