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Obama Unveils Healthcare Plan

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Barack Obama is putting his healthcare plan on the table in his bid for president. The Illinois U.S. Senator and Democratic presidential candidate presented his proposal to reshape the country’s healthcare system in a speech this morning in Iowa.

Obama’s proposal is a major component to his platform—as healthcare has emerged as marquee issue for Democrats. Today, Obama outlined a healthcare plan, which like many of his competitors plans, is built around universal coverage.

OBAMA: If you’re one on the 45 million Americans who don’t have health insurance, after this plan becomes law, you will have health insurance that’s available to you.

Obama says under his plan the costs of universal coverage would be 50-to-65 million dollars. He says to pay for it, he’d do several things, including ending President Bush’s tax cuts and requiring businesses pay more for their workers’ health care. Obama’s plan would also put private insurance companies and drug companies under tighter federal control. Without providing specific math, Obama says his plan would reduce premium costs by as much as 25-hundred dollars for a single family.

I’m Ben Calhoun, Chicago Public Radio.

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