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Wednesday, October 21, 2009
Dems Eye Insurance Antitrust Protections
House and Senate leaders hope to have legislation ready within weeks
WASHINGTON - Top Senate Democrats intend to try to strip the health insurance industry of its exemption from federal antitrust laws, according to congressional officials. It's the latest evidence of a deepening struggle over President Barack Obama's effort to overhaul the health care industry.
If enacted, the switch would mean greater federal regulation for an industry that recently has stepped up its criticism of portions of a health care bill moving toward the Senate floor.
Congressional officials said Senate Majority Leader Harry Reid of Nevada and Sen. Patrick Leahy of Vermont, chairman of the Senate Judiciary Committee, arranged to make the announcement Wednesday, joined by Sen. Chuck Schumer of New York.
GO HERE to read more.
About time!
ReplyDeleteThe Senate Dems are worthless and evil!
ReplyDeleteLooks like the socialist won't stop until we are a banana republic.
ReplyDeleteUgh you people really need to understand an issue and not just yell socialist every time a dem tries to do something.
ReplyDeleteplease anon 4:00-
Tell me how taking away an exemption from the antitrust laws is socialist?