Senate near bipartisan consensus on health reform-Baucus

WASHINGTON, June 15 Mon Jun 15, 2009 7:18pm EDT

Related Topics

WASHINGTON, June 15 (Reuters) - The U.S. Senate is near agreement on a broad bipartisan plan to revamp the costly healthcare system, and legislation is very likely to pass, a leading senator said on Monday.

Democratic Senator Max Baucus told Reuters in an interview the powerful Senate Finance Committee he chairs would propose draft legislation this week, estimating there was an "85 to 90 percent" chance meaningful healthcare reform would be passed in the Senate with bipartisan support.

(Reporting by Simon Denyer and Donna Smith, editing by Patricia Zengerle)

FILED UNDER:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.