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Harry Reid just finished a press conference where he announced the bill going to the Senate floor will have a public option, but individual states will be able to "opt out" of this. They'll have until 2014 to do so.
Daily Kos live-blogged it.
Update 1: Consensus reached in caucus, and with White House. The public option not a silver bullet, but key to providing competition. Best way to move forward is public option with opt-out. States can determine if it works for them. Will include in bill that will be submitted. Sending it to CBO.
Update 2: Strong public polling on public option makes it a good idea. The people want it.
President Senator Olympia Snowe (R-ME) will most likely not be on board, as the so-called "trigger option" is not going to the CBO. It seems there will not be any Republican votes for this bill. Senator Blanche Lincoln (D-AHIP) is also questionable. Hopefully she can be convinced by the strong support the public option has, rather than by the insurance lobby's lust for the status quo.
So, things are moving in DC. We'll see what happens with this and the bill that emerges from the House of Representatives.
More (Dean): The White House responds (via email):
STATEMENT FROM PRESS SECRETARY ROBERT GIBBS ON HEALTH INSURANCE REFORM
"The President congratulates Senator Reid and Chairmen Baucus and Dodd for their hard work on health insurance reform. Thanks to their efforts, we're closer than we've ever been to solving this decades-old problem. And while much work remains, the President is pleased that at the progress that Congress has made. He's also pleased that the Senate has decided to include a public option for health coverage, in this case with an allowance for states to opt out. As he said to Congress and the nation in September, he supports the public option because it has the potential to play an essential role in holding insurance companies accountable through choice and competition."