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Grayson kicked off his big controversy by taking charts to the floor of the House, which makes for better video. Republicans, he said, have a "health-care plan for America: 'Don't get sick.'" He then added that they also had a plan for the sick: "Die quickly." It was...

Author: /time Magazine | Title: Welcome to the Fun House | 11/9/2009 | See Source »

The most liberal and far-reaching version, passed by two House committees, would tie the rates the public plan pays health-care providers to what Medicare reimburses. Given that Medicare reimbursement rates can be 30% lower than those paid by private insurers, such a system could be a powerful one...

Author: /time Magazine | Title: The Strange Career of the Public Option | 11/9/2009 | See Source »

What she can probably pass is a different version, approved by the House Energy and Commerce Committee, that would establish a public option that operates more like a traditional insurance company, with the Health and Human Services Secretary negotiating with health-care providers to determine how much it would reimburse...

Author: /time Magazine | Title: The Strange Career of the Public Option | 11/9/2009 | See Source »

Chris Dodd, chairman of the Senate Banking Committee, will unveil the third version of financial reform as early as Tuesday. Dodd, who faces a tough re-election battle in Connecticut in 2010, told his staff that the proposal put forward by the Administration didn't take into account the possibilities...

Author: /time Magazine | Title: Financial Regulation: Way Easier Than Health Care | 11/9/2009 | See Source »

Dodd would like to gut bank regulators like the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Federal Reserve and the Office of Thrift Supervision (OTS). He would give their power to supervise and regulate banks to a new, single bank regulator with...

Author: /time Magazine | Title: Financial Regulation: Way Easier Than Health Care | 11/9/2009 | See Source »

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