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Reconciliation

No reconciliation tonight, as I'm in a hurry and I'm hoping you'll read my breakdown of Chris Dodd's FinReg bill instead. But for those who prefer to see me talk about things in living color, I'll be on Countdown tonight in the first segment.

By Ezra Klein  |  March 16, 2010; 7:14 PM ET
 
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http://www.washingtonpost.com/wp-dyn/content/article/2010/03/16/AR2010031604106.html

Meanwhile, House leaders want to dramatically scale back one of the most powerful deficit-reduction tools in the Senate bill: a 40 percent excise tax on high-cost insurance policies.

Obama has proposed to delay implementation of the tax until 2018 and to limit the number of policies that would be subject to the tax.

Obama and House Democrats have proposed to pay for their changes by raising Medicare taxes on the wealthy.

They were hoping to reduce deficits further by incorporating Obama’s plan to overhaul the federal student loan program to cut out private lenders.

Those changes are unlikely to match the long-term savings proposed in the Senate bill, aides and lawmakers said, leaving House leaders scrambling to come up with additional sources of cash.

Failure to comply with the reconciliation rules

would imperil the package in the Senate and

could cause big problems in the House, where the votes of many fiscally conservative Democrats hinge on the ability of health-care legislation to rein in soaring budget deficits.

Posted by: SisterRosetta | March 16, 2010 9:46 PM | Report abuse

@Ezra
Pulling a Kaus and cutting down your posting rate in hope of increasing your salary?

@SisterRosa
I don't get it. Are you trying some sort of spray and pray concern trolling? What is your point? It sounds like you're saying that unsubstantiated rumors indicate that democrats are worried about rumors about whether the CBO shows modifications to hr 3590 might increase or decrease savings. So what?

Posted by: zosima | March 17, 2010 12:10 AM | Report abuse

Ezra - if you didn't want "Reconcilliation" tonight, you should've just labelled this page "Deem & Pass"

It means the same as "reconcilliation" except you do not have to take any responsibility for anything you do or don't do. You can just tell your audience "I dunno...not my fault".

Posted by: FastEddieO007 | March 17, 2010 7:29 AM | Report abuse

Thanks Sister Rosetta...looks like with these latest changes, Obama & Pelosi get the full-effect of Cloward-Piven. We should all be speaking Russian in no time!

Posted by: FastEddieO007 | March 17, 2010 7:31 AM | Report abuse

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