Rudd left after recent vastly unpopular decisions, including imposing a new mining tax and nixing a carbon-reduction scheme.

FORBES: Julia Gillard of Australia Becomes World's Newest Female Head Of State

By imposing taxes on the most expensive insurance plans and planning swingeing cuts in Medicare, the state health scheme for the elderly, the CBO says the bill will do all this without increasing the government deficit.

ECONOMIST: Health reform takes a step forward