Congress is not good with deadlines.
July 14: Obama wants health care bill passed before August recess
September 10: Biden: Health care bill 'Before Thanksgiving'
November 10: Reid says health bill will be done by Christmas
At this point, I don't think a bill of any kind will pass before the end of the year. There's no solution in sight for the Lieberman/Nelson problem. The Stupak amendment on abortion threatens to split the Democratic caucus. There's a whole lot of compromising to be done, and several Democrats who would probably prefer to let the clock run out.
August... Thankgiving... Christmas... Easter?
Posted by
Jesse Livermore
on Wednesday, November 11, 2009
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