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-- lowers the federal deficit by $104 billion by 2019 and even more in the following ten years;
-- "substantially reduce(s) the growth of Medicare's payment rates for most services" by cutting over $400 billion in costs; the true figure is much higher; more on that below; and
-- leaves 18 million uninsured by 2019, including about six million undocumented immigrants; the Senate Finance Committee's bill leaves 25 million uninsured.
Pre-existing condition exclusions will be prohibited, but insurers may charge what they wish, so effectively nothing changes. Endorsing the bill:
-- the drug cartel;
-- the American Medical Association;
-- the US Conference of Catholic Bishops because of the anti-abortion provision; and
-- the AARP, an insurance/financial broker masquerading as an advocacy group for anyone aged 50 or older.
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