ObamaCare Reconciliation. This bill (H.R. 4872), officially titled the “Health Care and Education Reconciliation Act of 2010,” was passed to amend the ObamaCare bill at the insistence of disaffected House Democrats. Among other things, it increases subsidies to help uninsured individuals buy health insurance and increases some taxes and fees to help pay for the expanded coverage provided by ObamaCare. This bill also makes the federal government the sole provider of student loans after July 1, which is just one more example of a complete government takeover of a significant sector of our economy.
The House agreed to the motion on March 25, 2010 by a vote of 220-207 (Roll Call 194). We have assigned pluses to the nays because the federal government has no constitutional authority to manage the healthcare industry or the student-loan industry.
