- President Bush vetoed the SCHIP bill (Children’s Health Bill) today. It is not clear how long many States will be able to finance children’s health care without the federal dollars. Bush claims that SCHIP is one more step toward federal health care for everybody. The Democrats and a some Republicans argue that the SCHIP expansion is a moral and needed law to protect our children. The Senate seems to have the votes to override, but the House is short as of now. Read more here.
- The second item is from last week. The United Auto Workers ended their strike against G.M. after a deal was made. The sticking point was the $55 billion projected debt that G.M. was going to owe on health care expenses. The agreement allows G.M. to move the debt off the books into something called a VEBA. I don’t know what that all entails, but the point I take from it all – health care is a big issue not just to the uninsured but to corporate America as well. Read More here.