Democrats Close In On Public-Plan Alternative
U.S. Senate Democrats appear to closer to reaching agreement on an alternative to a government-run health-insurance plan in health-care overhaul legislation, even as they dealt with disagreement within their party on abortion.
Sen. Debbie Stabenow (D., Mich.) told reporters Monday that Democrats are “rapidly coming to a conclusion” on language within the bill, including a public-plan alternative. Stabenow, like many other liberal Democrats, has stated she would prefer the bill contain a public plan but said that “the critical issue is not what we call something” but instead “the end result.”
“The words ‘public option’ do not determine whether the bill is successful,” Stabenow said. “If we can do the same thing through another mechanism and get broader support, I’m willing to look at that.”
Nelson: There’s Support For New Medicare Option
Sen. Ben Nelson (D-NE) is perhaps the Democrat most reluctant to sign on to major health care legislation. Cautioning that he and the rest of the group of 10 senators negotiating a public option compromise have plenty of work left to do, he says that the newest option–allowing some under 65 to buy insurance through Medicare–has some traction.
US expects to recover most bank rescue money: report
WASHINGTON — The US Treasury Department expects to recover all but 42 billion dollars of the 370 billion it has lent to troubled US companies since the financial crisis began last year, The New York Times reported.
Citing a new yet unpublished Treasury report, the newspaper said the new assessment of the 700-billion-dollar bailout program was provided by two Treasury officials on Sunday ahead of a report to Congress on Monday
NATO to pledge forces for Afghan war BRUSSELS (AP) — NATO’s military commander urged countries to provide more instructors to train Afghanistan’s security forces, as national representatives met Monday to pledge additional troops to join the 30,000 reinforcements committed by President Barack Obama.