Word: nonprofitability
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...Some Obama allies fear that in his eagerness to get a deal - especially one that can attract Republican votes - he is giving away too much. The Senate Finance Committee, for example, is on the verge of a deal that would jettison the public option in favor of nonprofit, consumer-owned health-care co-ops, which would mean far less government involvement than many liberals would like to see. The Finance Committee, whose chairman, Max Baucus of Montana, is working closely with ranking Republican Charles Grassley, appears poised to omit any requirement that employers provide coverage to their workers (though they...
Those seeking to pay the bills through full-time journalism could find different paymasters. The Associated Press recently started taking investigative reports from four nonprofit journalism groups. And if newspapers can't afford investigations, advocacy groups and think tanks - which already hire research pros - could do their own: a kind of piecemeal return to the old partisan press...
...enter next year's mayoral election. Booker's victory looks like a foregone conclusion. "For the first time in my life, Newark is looked at more positively because of its mayor," says Steve Adubato Sr., a longtime local power broker, and former Booker foe, who runs a nonprofit in the city. "Newark is no longer a big joke." (Read "No Charisma? Don't Worry, You Can Still Be a Leader...
...Other revenue-raising proposals include prohibiting the use of Flexible Spending Account money - tax-free funds withheld by individuals to pay for certain medical expenses - for over-the-counter drugs; imposing taxes on alcohol, sodas and other unhealthy beverages; rescinding the nonprofit status of hospitals that act like for-profit companies and no longer offer charity care; and deriving $100 billion from a windfall tax on insurers based on their U.S. market share. But many of these ideas are controversial and face significant opposition from members and Senators representing areas where local companies or hospitals might be adversely impacted...
...highly controversial idea that Republicans say is tantamount to the socialization of health care, but which many Democrats (including Obama) say is essential for any overhaul of the system. The Senate Finance Committee's bill takes a middle-of-the-road approach, including a co-op plan, essentially a nonprofit version of a government plan that some critics say couldn't possibly compete effectively the way a public option could. The legislation includes provisions for a public plan, but such an approach would be triggered only if the co-op plan doesn't prove to work in certain states...