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Published:February 27th, 2009 17:52 EST
Obama Asks for $634 Billion for Health Care Reform

Obama Asks for $634 Billion for Health Care Reform

By Christopher HIllenbrand

The day after he spoke candidly with the American public, President Obama asked Congress for $634 billion to be invested into health care reform over the next 10 years. A senior member in Obama`s administration said the president`s budget proposes to fund re-modifying the nation`s health care system by cutting Medicare spending and tax breaks for those earning over $250,000.


Obama`s representative wished that his identity remain anonymous since the president doesn`t announce his budget plan until Thursday. Leaders for both Democrats and Republicans are skeptical over how financially feasible his goal is. It`s unclear if such legislation would even make it out of Congress for Obama to sign it into effect.


The cutbacks necessary to insure every American health care coverage under the federal government are astounding, and Obama`s plan doesn`t go into detail over its logistics.

           According to recent figures, about 48 million Americans are uninsured. Whether or not Obama can come up with the tax dollars to provide comprehensive health care, the price tag would surpass $1 trillion over 10 years.