Monday, March 1, 2010

Legislative Update

Keith Hennessey has a good update on the arcane mechanics of the threatened "reconciliation" process to pass ObamaCare.

David Catron argues that it's all bluster and bluff by the Democrats.

Fox News reports that President Obama will announce a scaled back version of his health plan on Wednesday. This may indicate a recognition by the Democrats that the full-fledged version of ObamaCare lacks sufficient support to pass with "reconciliation".

Given that it is described as "smaller in scope" than either the current House and Senate versions, it will presumably have to go through Congress again.

In that case, we'll see if the Republicans fall for the trap of "limited reforms" or not.