Tuesday, September 01, 2009

The Problem With The Public Option: Blue Dogs Object To Cost Savings

From Big Tent Democrat here.

TPMDC reports:

According to Martin Paone, a legislative expert who's helping Democrats map out legislative strategy, a more robust public option--one that sets low prices, and provides cheap, subsidized insurance to low- and middle-class consumers--would have an easier time surviving the procedural demands of the so-called reconciliation process. However, he cautions that the cost of subsidies "will have to be offset and if [the health care plan] loses money beyond 2014...it will have to be sunsetted."

And there the irony continues: Some experts, including on Capitol Hill, believe that a more robust public option will generate crucial savings needed to keep health care reform in the black--and thus prevent it from expiring. But though that may solve the procedural problems, conservative Democrats have balked at the idea . . .

(Emphasis supplied.) That's not irony. That is a farce.

It is hoped that people will do the right thing.

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