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IBD Editorials
October 5, 2009
INVESTORS BUSINESS DAILY Staff
Reform: It took a Senate panel two days to approve a public option plan after rejecting a pair of public option proposals earlier in the week. Thursday's vote moved the country one step closer to a deep sea of problems.
Within the space of a few hours last Tuesday, the Senate Finance Committee canned two public option amendments to the Baucus health care overhaul bill. Both had bipartisan opposition.
The amendment that was passed 12-11 Thursday, however, was supported by only one party. Every Democrat voted for it with the exception of Blanche Lincoln, who joined Republicans in their unanimous opposition.
What did the Democrats who changed their votes see in the amendment submitted by Maria Cantwell of Washington that they didn't see in those offered earlier by Jay Rockefeller of West Virginia and Charles Schumer of New York? Maybe it was the twist that the others didn't have.
In the Cantwell plan, Washington sends taxpayers' dollars to the states, which will establish their own subsidized health care programs. Cantwell reportedly doesn't want her plan to be called a public option. But the language matters little if the mechanism (and the consequences) are similar.
Under the Cantwell proposal, states will be authorized to negotiate with insurance providers for lower rates on health plans for those whose incomes fall to 133% to 200% of the federal poverty line and aren't covered at work.
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