Health Care Bill: House Passes $938 Billion Bill, Sweeping Legislation on Its Way to Become Law

"As the Senate prepares to complete our work on this historic effort, Senate Democrats reaffirm our commitment to reform because we know it's good for middle-class families, seniors and small businesses in Nevada and all across America," Reid said.

But Republicans are vowing to get the "fixes" thrown out by using a Senate procedural motion. Today, Senate Republicans said Democrats would not meet with them and the parliamentarian, a charge that Democratic staffers called "absurd."

The Senate is expected to take up the bill as soon as Tuesday, which will set in motion a week or longer of floor battles on parliamentary procedures.

If Republicans can get the parliamentarian to agree with them even once, whatever ultimately passes the Senate will have to go back to the House, much to the chagrin of Democratic lawmakers.

Democrats in the House quietly admit that it is very likely they will have to vote again on the reconciliation fixes at some point down the road.

The Congressional Budget Office predicts the bill will cost $938 billion and will reduce the federal deficit by $142 billion in the first 10 years, which the president has hailed as the "most significant effort to reduce the deficit since the Balanced Budget Act" of the 1990s.

Most Americans would be required to purchase health insurance. Small businesses and the uninsured would have the option of shopping for coverage in health insurance exchanges, a marketplace in which people would be able to shop for and compare insurance plans. Those would be implemented in 2014.

The bill also greatly expands Medicaid and subsidies to the poor. Insurance companies would not be able to place lifetime caps or deny coverage to patients based on pre-existing conditions.

House Passes Health Care Bill

Obama's executive order is likely to irk many of his supporters who favor abortion rights, but it gave Democrats the votes they needed to pass the health care bill.

"I'm pleased to announce that we have an agreement," Rep. Bart Stupak D-Mich., said shortly after the White House released a statement regarding the executive order. "We have assurances from the president and others that he will not rip this up tomorrow."

Anti-abortion Democrats had been hesitant to commit their support unless a deal was struck, but the executive order guarantees that the House Democratic leadership will have enough votes to pass the health care legislation.

"We're well past 216," Stupak told reporters, referring to the minimum number of votes House Democrats need to pass the bill.

The executive order will provide "additional safeguards to ensure that the status quo is upheld and enforced," White House Communications Director Dan Pfeiffer said in a statement.

The president's order is to ensure that current law that restricts federal funding from going toward abortion, known as the Hyde amendment, is maintained. It will extend those restrictions to the newly created health insurance exchanges.

"It is necessary to establish an adequate enforcement mechanism to ensure that federal funds are not used for abortion services," the executive order states. After months of negotiations, closed-door meetings and persuasion by the president, members of the House of Representatives today will vote on the controversial $938 billion health care bill.

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