Looks like the insurance companies are getting what they’ve paid for in the U.S. Congress. The Senate Finance Committee is closer to a deal with Republicans, which means no public health care option. The Blue Dogs, meanwhile, are still nipping at the heels of House Democrats.

Reuters via New York Times:

The Senate Finance negotiations have zeroed in on a plan that would use non-profit cooperatives to compete with private insurers to drive down costs, members say, not the public plan favoured by Obama and many Democrats.

The panel also is likely to back a tax on high-cost insurance policies to try to raise revenue and keep costs down.

Read more

 Wait, before you go…

If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.

Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.

Support Truthdig
In this Article:
#barack obama#congress#democrats#health#health care#house of representatives#insurance#max baucus#politics#public option#republicans#senate#senate finance committee