Reid announces Senate healthcare reform bill
Senate Majority Leader Harry Reid (D-NV) unveiled his chamber’s version of Healthcare Reform yesterday. According to the Congressional Budget Office, the Senate’s version will guarantee health insurance coverage for 94% of Americans and cost $849 billion over 10 years, which will ultimately reduce the budget deficit by $127 billion.
“We’re proud of these figures,” Reid told reporters. “Not only do we make [health insurance] affordable for every American, we certainly do it in a fiscally responsible way.”
As expected, the Senate version includes a public option with an opt-out clause, persumably allowing Democrats from more pro-Republican constituencies the cover of voting for the bill, or at least for cloture, while claiming that the bill will give states the option to not participate if they so choose. The Senate version, like the House version, prohibits federal funds from being used to pay for abortions.
Now the tough part begins for Harry Reid. He has to make sure he has 60 votes on board to invoke cloture and get the bill to the floor for a vote. If he does and it passes, the Senate and House versions will have to be combined in conference committee, after which both chambers will have to pass the final version. So while Sen. Reid deserves praise for getting healthcare reform this far in the Senate, there is still a ways to go.