2008 IAM News Archives

Lagging Economy Highlights Importance of Children's Health Insurance

Tue. January 22, 2008

January 22, 2008 – A slowing economy highlights the importance of overriding the President’s veto of the State Children’s Health Insurance Program (SCHIP).

The House is scheduled to vote on a veto override Wednesday, looking to increase SCHIP funding by $35 billion over the next five years. The expansion would provide an additional 4 million children with health insurance.

With fears of a recession growing, a report from Democratic lawmakers on the Joint Economic Committee said that when employment growth slows, demand for SCHIP grows.

Read more here.