House Democratic leaders and economists at a forum discussed a new economic recovery package that, among other things, would aid seniors and children in accessing healthcare.
Increasing the Federal Medical Assistance Percentages, or FMAPthe federal governments share of each states Medicaid costswas one of the major healthcare proposals discussed at the forum, and there could be more ideas as this package develops, said Jared Bernstein, director of the living standards program at the Economic Policy Institute, and one of the forums participants.
At a news conference, House Speaker Nancy Pelosi (D-Calif.) said Congress would hold hearings over the next few weeks to subject the recovery package to public review. On the chances of getting a new stimulus bill approved during Congress lame duck session, Pelosi said, We stand ready to take action. Some of the hearings may take place following the November elections, she added.
We hope we can do this in a bipartisan way, she said.
Few details were released, although the plans chief goals are to bring stability to financial markets, create jobs through infrastructure projects, extend unemployment benefits and help families cope with rising food costs. -- by Jennifer Lubell
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