House Democrats are planning a vote next week on legislation that would repeal the McCarran-Ferguson Act anti-trust laws exemption for health care and medical malpractice insurers.

In the wake of President Obama's call for a renewed effort to pass health care legislation, House Speaker Nancy Pelosi, D-Calif. said House lawmakers will try to separately pass smaller pieces of the bill.

House Democrats are planning a vote next week on legislation that would repeal the McCarran-Ferguson Act anti-trust laws exemption for health care and medical malpractice insurers.

Former Treasury Secretary Henry Paulson and current Secretary Timothy Geithner both told a congressional committee that if action was not taken to bail out American International Group it would have been a catastrophe for the nation.

Former Treasury Secretary Henry Paulson and current Secretary Timothy Geithner both told a skeptical congressional committee today that if U.S. action was not taken to bail out AIG, Group it would have been a catastrophe for the nation.

The Federal Reserve Bank of New York had American International Group use bailout money to pay banks full collateral on assets, some of which had dropped in value by more than 60 percent, a federal official is to tell a congressional committee.

The fate of health care reform legislation appears to be hanging in the balance in the wake of the upset election of a Republican from Massachusetts to the U.S. Senate.

A health care analyst and lawyer said today there is growing bipartisan support for repealing the McCarran-Ferguson Act's antitrust exemption for health insurers as a means of helping control health care costs.