Senate Finance Committee Approves Joint Health Care Bill

The Senate Finance panel, led by Chairman Max Baucus, becomes the last of five congressional panels to act on a health-overhaul bill, and it marks the biggest step forward yet for President Barack Obama's top domestic priority. The Baucus-proposed 10-year, $829 billion plan would require all Americans to purchase insurance and aims to hold down spiraling medical costs over the long term.

The legislation that passed the other House and Senate committees did so without a single Republican vote.

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