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Senate Unveils Health Care Compromise

Senate Democrats unveiled the latest version of their health care legislation today and the proposal appeared to have the 60 votes it will need to pass -- setting up a historic vote on the bill as soon as next week.

The final Democratic holdout, Sen. Ben Nelson of Nebraska, said in a news conference on Capitol Hill this morning that he will support the legislation after changes were made to address how abortion would be handled under the bill.

"Change is never easy, but change is what's necessary in America today," Nelson said. "I truly believe this legislation will stand the test of time and will be noted as one of the major reforms of the 21 Century."

Nelson, however, fired a warning shot at the House -- saying repeatedly that he would "reserve the right" to vote against the measure later if the proposal was changed as lawmakers work to reconcile differences between the two versions of the bill.

Senate Majority Leader Harry Reid of Nevada has said he wants to vote on the bill before Christmas.

Democratic Senate Leader Harry Reid, D-Nev., will speak with reporters at 10:45 a.m. ET. Read the text of the legislation here.

The legislation would give states the right to bar insurance coverage within their borders and would mandate that every state provide at least one insurance option that does not cover abortion. Nelson said the bill will also prohibit federal funds from being used to pay for the procedure.

 

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