House Budget Committee approves reconciliation bill

Breaking: House Budget Committee approves reconciliation bill 15 Mar 2010 A key House committee voted Monday to advance President Obama's plan to overhaul the nation's health-care system bail out the US insurance cartel, clearing the way for the House to vote on the measure later this week. The House Budget Committee voted 21 to 16 to send the health care legislation to the House Rules Committee. That panel is expected to meet Thursday to draft new language for the reconciliation bill, compiling a package of fixes corporate giveaways to the $875 billion measure that passed the Senate on Christmas Eve.