House Democrats deserve credit for finally coming up with a health care insurance reform bill. Of course, Speaker Nancy Pelosi was really shoveling the old you-know-what when she said, “Today we are about to deliver on the promise of making quality, affordable health care available for all Americans.” The House bill manages to be “deficit neutral” by promising $500 billion in as of yet unspecified Medicare cuts. If this bill passes, we might see some dark comedy watching Congress try to muster the courage to trim Medicare by half a trillion dollars over the next decade by dunning younger Americans via higher taxes and premiums.
But what’s interesting is that it may be the political left that dooms the House health care bill. Although the Pelosi bill includes a government-run public option, it does not use the same rates as Medicare. Instead, it allows the health and human services secretary to negotiate rates with those dastardly insurance companies. This has angered the Congressional Progressive Caucus, which wants rates set to Medicare. Rep. Lynn Woolsey, D-Calif., and co-chair of the CPC, was notably noncommittal when asked if the entire caucus, which has 83 members, would accept the House deal. And what happens with the CPC down the road if a public option is stripped out of a final bill by the U.S. Senate.
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