WASHINGTON (AP) - President Barack Obama launches his bid to
overhaul health care today with a White House summit on how to
The summit of lawmakers, doctors and drug and insurance
executives seeks to get the ball rolling.
Obama's budget makes a $634 billion reform down payment. But in
a sign of how tough it'll be getting agreement, the upper-income
tax hikes and cuts in Medicare and Medicaid he wants to help pay
for reform are drawing objections from Republicans and insurers.
The president campaigned on a plan that aims to build on
America's existing employer-based system to supply universal
coverage. But aides maintain he's also absolutely open to ideas
from elsewhere and will not be sending Congress a fully formed
bill, just kicking off the process with "principles."