ABC World News (7/14, Gibson) reported Tuesday, "House Democrats unveiled their sweeping plan for healthcare reform. The 1,000-page proposal was quickly endorsed by President Obama, who wants Congress to pass legislation before the August recess. The House bill would significantly raise taxes on high income Americans."
The CBS Evening News (7/14, Couric) reported, "Healthcare in this country is expected to cost more than $2.5 trillion this year alone, or nearly 18 percent of the national economy. House Democrats rolled out a plan today as the President made a push to get something passed."
CBS' Reid added, "Major provisions include federal subsidies for low-income Americans to help them buy health insurance. Penalties for large companies that refuse to provide insurance. Penalties for individuals who refuse to buy it. And a government health insurance plan to compete with private ones."
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