The man who received 345,937 votes (and $11.6 million of health lobbyist donations), has overruled Barack Obama, the choice of 69,498,215 Americans, who presented his proposals to a joint session of Congress last week.
President Baucus’ plan, which omits a public insurance option and other key elements favored by the occupant of the White House as well as other Congressional committees, is seen as holding together “the fragile coalition of major industry leaders and interest groups central to refashioning the nation’s $2.5 trillion health-care system.”
According to the Washington Post, evidence that Baucus will control the final bill is “the calm emanating from organizations that have criticized House health-care bills and a version approved by the Senate health committee” and that drugmakers and hospitals “had little to say” about the plan he announced yesterday.
Their silence may be traced to the fact that their money has already done the talking with nearly $170 million in contributions to federal lawmakers in the past two years.
Even so, the Wall Street Journ complains that the Baucus plan “remains a public option by other means, imposing vast new national insurance regulation, huge new subsidies to pay for the higher insurance costs this regulation will require and all financed by new taxes and penalties on businesses, individuals and health-care providers.”