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Reid's health care bill, which will be given a cost assessment by the nonpartisan Congressional Budget Office, also includes a provision from the Finance Committee bill allowing for the creation of nonprofit health care cooperatives that would negotiate collective insurance coverage for members.
CNN: STORY HIGHLIGHTS
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To trim bureaucratic powers, it proposes to hand over the Finance Ministry's budget-drafting responsibilities to a new body, the cabinet office.
CNN: Rise of a New Liberal Bloc
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Mr Ocampo was also finance minister, though his time in office, 1996-98, saw the budget deficit balloon.
ECONOMIST: The World Bank