McClatchy: Senate Finance Committee Approves Health Care Overhaul
Tuesday, October 13th, 2009“…Senate leaders and the White House will now merge the Finance Committee measure with another version of the legislation approved this summer by the Senate Health, Education, Labor and Pensions Committee. The merged bill could be ready for debate before the full Senate later this month.
The Finance Committee measure, which the nonpartisan Congressional Budget Office estimates would reduce the federal deficit $81 billion over the next 10 years, differs in one major way from the health committee bill: It lacks a government-run health insurance plan, or “public option” alternative to private insurance, which President Barack Obama and Democratic congressional leaders want.
Three committees in the House of Representatives have approved legislation that includes a public option. Those bills are being combined into one, and the full House is expected to debate the legislation later this month. Prospects for approval there look good.
“We don’t intend to go to the floor without a public option in our bill,” House Speaker Nancy Pelosi, D-Calif., has vowed…”