October 1, 2008

SICKEST BAILOUT STORY OF THE DAY

NY 1 News - Congress has abandoned legislation to provide billions of dollars in health care for September 11th recovery workers. The program would have provided long term care for workers who were at the World Trade Center on or shortly after September 11, 2001 at an estimated cost of at least $5 billion. Mayor Michael Bloomberg strongly objected to a part of the bill that would have forced the city to pay for 10 percent of the program, saying it would place an undue burden on city taxpayers. In addition, the legislation would have reopened the federal September 11th Victim Compensation Fund, adding around $6 billion to the plan. The legislation had the backing of several New York congressmen but was overshadowed by negotiations surrounding the financial bailout.

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