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...deficit and includes a mechanism to ensure that those with pre-existing conditions can't be denied coverage. But Baucus' relentlessly positive spin couldn't change the fact that for all the wrangling and delays, not a single Republican signed on to his much touted bipartisan bill. Even more troubling for anyone hoping there might be some resolution anytime soon, many of Baucus' fellow Democrats had lots of negative things to say about the controversial proposal, treating it as nothing more than a first offer to be bargained over...

Author: /time Magazine | Title: 5 Things Dems Don't Like About the Baucus Bill | 9/17/2009 | See Source »

...Democrats, Baucus introduced an alternative to the public plan: nonprofit state or regional cooperatives that, except for some seed money from Washington, would be exclusively financed by members' premiums. The hazy concept of co-ops has been pushed by North Dakota Democrat Kent Conrad, who was part of the bipartisan so-called Gang of Six that worked to draft the Baucus bill, but many health-policy experts view it as a poor substitute for a public plan; in fact, the Congressional Budget Office, in its scoring of the deficit impact of the bill, stated that it didn't believe...

Author: /time Magazine | Title: 5 Things Dems Don't Like About the Baucus Bill | 9/17/2009 | See Source »

...that he meant this "in a political context," not an economic one. But for most of Cheney's time as Vice President, the claim held up pretty well in both contexts. Over O'Neill's objections - he'd be gone soon anyway - the Bush Administration and Congress abandoned a bipartisan commitment to fiscal prudence that had held sway since the early 1990s and went back to running chronic deficits. The result was a growing economy and a second term for George W. Bush. (See George W. Bush's biggest economic mistakes...

Author: /time Magazine | Title: America and Its Deficits: Are We Broke Yet? | 9/14/2009 | See Source »

Dodd and Shelby have proven to be a potent bipartisan combination already in 2009. When Dodd moved an aggressive, populist credit-card-reform bill out of committee without a single GOP vote, he negotiated with Shelby to craft legislation more appealing to the other side of the aisle. It passed the Senate in late March by a 90-5 vote...

Author: /time Magazine | Title: On Finance Reform, Obama's Unlikely Partner | 9/14/2009 | See Source »

...Health care is hard," may be the Obama Administration's catchphrase of the moment, but it's a cakewalk compared with the challenge facing Obama on Iran. Under pressure to turn up the heat on the Iranians - from European allies, Israel and bipartisan consensus on Capitol Hill - Obama had demanded that the Islamic Republic respond by September to a Western offer to resume negotiations or else face escalating sanctions...

Author: /time Magazine | Title: Obama's Tough Choice on Iran | 9/13/2009 | See Source »

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