Bush Vetoes Children's Health Insurance Bill

QuickQuote Term Life Insurance Blog

As promised, President George Bush today vetoed the State Children’s Health Insurance Program (SCHIP) legislation that was sent to the White House earlier this week. The proposal had been passed by the U.S. Senate on a 67-29 vote last week. While the Senate has enough votes to overturn the presidential veto, the U.S. House of Representatives Democrats still needs 15 Republican votes to swing to their side to overturn the veto.

The new program would expand upon the existing program to double the number of covered children, from 4 million to an estimated 8 million. However, critics of the program are concerned it would be a move toward universal coverage and would encourage some parents to drop their existing private coverage for the cheaper coverage provided by SCHIP.

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