Washington (dbTechno) – It is believed that President-elect Barack Obama will sign a children’s health care bill that was vetoed by President George W. Bush twice while he was in office.
The new bill is the SCHIP expansion and will cost a reported $33 billion.
President George W. Bush was believed to have vetoed the bill twice due to the fact that it would be paid for by increasing tobacco taxes.
The bill is going to expand how many childre in the U.S. are able to get health benefits.
The health benefits would be provided under the State Children’s Health Insurance Program.
By passing this bill, it is believed that another 4 million children will be covered under health care.
Children who are below the poverty line would gain a lot of help in terms of health care with this move.
It is believed that the bill will land on the desk of Barack Obama within a few weeks of him taking office.
The House and Senate are likely to pass the bill very shortly.
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