Free Markets, Free People

Senate Finance Committee


If The Public Option Is Dead The Democrats Killed It

Not that I’m complaining.

Max Baucus’ Senate Finance Committee voted on Jay Rockefeller’s public option amendment. No joy for public option supporters:

After five hours of debate, the Senate Finance Committee this afternoon voted down Sen. Jay Rockefeller’s proposal for a public option to compete with private insurers.

Though a majority of the committee’s Democrats supported it, the amendment was defeated overwhelmingly, 15-8. The proposal sought to create a public health insurance option that would set rates like Medicare does.

Now as I understand it, there are 13 Dems and 10 Reps on that committee. So it is important to understand that all that is required for anything to come out of that committee the Democrats want is to vote the party line. 10 Republican cannot stop a thing.

Which brings us to the second public option offering and vote:

The Schumer market-responsive public option amendment has now failed. It was called at 3:50.

The vote was 10-13. Three Democrats opposed.

Two Democrats (Bill Nelson of Florida and Tom Carper of Delaware) voted for Schumer’s amendment after opposing Rockefeller’s.

But Sens. Max Baucus, Kent Conrad and Blanche Lincoln still opposed.

Baucus has been quoted as saying his job is to fashion something that will draw at least 60 votes (and a public option won’t do it).  Ben Nelson feels that they need 65 votes (meaning 5 Republicans have to go along) on any Senate bill to make it “legitimate”.

Of course this doesn’t mean some other Democrat won’t try to offer a public option amendment to the bill, but my sense is if Schumer can’t get it done, it’s not going to get done. I guess the Senate is left to talk co-ops and triggers instead while the leftosphere and the House Progressive Conference does a slow burn.

~McQ

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