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BusinessWeek Online -- -
20 hours and 14 minutes ago
Senate Banking Committee Chairman Christopher Dodd unveiled a plan to overhaul financial rules and
let the Federal Reserve break up big firms that threaten U.S. economic stability
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Media Matters for America -
23 hours and 43 minutes ago
On March 14, former Alaska Gov. Sarah Palin posted a new anti-health care reform essay on her
Facebook page that contains numerous falsehoods regarding reconciliation, House rules, and
"federal funding of abortion."
Palin rehashes falsehoods about the House vote, reconciliation, abortion
funding
Palin: Democrats want to use reconciliation to "bypass the regular voting
procedure." In a March 14 Facebook
post, Palin accused Democrats of trying to "ram through their takeover of our health care
system regardless of the consequences" and of being "determined to use the Senate reconciliation
process as a parliamentary trick to bypass the regular voting procedure."
Palin: House Democrats are trying to pass health care "without actually voting on
it." Palin also accused House Democrats of trying to pass the Senate health care bill
without a vote. She said: "The latest twists and turns in the Obamacare drama seem almost
surreal. One minute the Democrat [sic] leadership is trying to amend a bill before the president
has even signed it into law, and the next minute they're trying to draft a new rule that will
allow the House to 'deem' a bill passed without actually voting on it!"
Palin falsely suggests that the Senate bill provides "federal funding for
abortion." Palin commended the "Republicans in Congress" and the "Democrats [who] are
standing with them" for "holding the line" in opposing health care reform. Palin specifically
cited Rep. Bart Stupak as an example of a Democrat who is "holding the line" by saying "he won't
vote for the Senate bill if federal funding of abortion is included." Stupak has repeatedly
falsely
claimed that the Senate bill allows for federal funding of abortion, while the abortion
amendment he sponsored in the House bill does not. Stupak has also falsely maintained that his amendment does not go beyond
the Hyde Amendment, which currently prohibits the federal funding of abortion, except in cases of
life endangerment, rape, or incest.
Fox Nation highlighted Palin's post. Fox Nation
posted Palin's Facebook essay and highlighted it with the headline "Palin: 'This is the Final
Push!'" From Fox Nation:
Reconciliation is already part of Senate voting procedure, and has been used to pass
health care legislation
Reconciliation process is part of congressional budget process. The budget
reconciliation process is defined
by the U.S. House Committee on Rules as "part of the congressional budget process ... utilized
when Congress issues directives to legislate policy changes in mandatory spending (entitlements)
or revenue programs (tax laws) to achieve the goals in spending and revenue contemplated by the
budget resolution."
Republicans repeatedly used reconciliation to pass Bush's agenda. Republicans
used the budget reconciliation
process to pass Bush's 2001 and 2003 tax cuts as well as the 2005 "Tax Increase Prevention and
Reconciliation Act." The Senate also used the procedure to pass a bill containing
a provision that would permit oil drilling in the Arctic National Wildlife Refuge. (The final
version of that bill signed by Bush did not contain the provision on drilling.)
Reconciliation has repeatedly been used to reform the health care system. On
February 24, NPR noted that many "major
changes to health care laws" have passed via reconciliation. These measures include COBRA, which
allows laid-off workers to keep their insurance coverage, and the State Children's Health
Insurance Program:
On NPR, Rosenbaum stated, "[T]he way in which virtually all of health reform ... has
happened over the past 30 years has been the reconciliation process." During the
February 24 broadcast of NPR's Morning Edition, health policy correspondent Julie Rovner
quoted George Washington University professor Sara Rosenbaum saying: "In fact, the way in
which virtually all of health reform, with very, very limited exceptions, has happened over the
past 30 years has been the reconciliation process."
House would still need to vote on changes to Senate bill
Report: House would still have to vote on corrections to the Senate bill.
Contrary to Palin's claim that the House would " 'deem' a bill passed without actually voting on
it," CongressDaily
reported (subscription required) that the rule would require that the "House approves a
corrections bill that would make changes to the Senate version" for passage. From
NationalJournal.com's CongressDaily:
House Rules Chairwoman Louise Slaughter is prepping to help usher the healthcare overhaul through
the House and potentially avoid a direct vote on the Senate overhaul bill, the chairwoman said
Tuesday.
Slaughter is weighing preparing a rule that would consider the Senate bill passed once the House
approves a corrections bill that would make changes to the Senate version.
Senate bill prohibits health insurers from using federal subsidies to pay for abortion
services restricted by Hyde
Senate bill prohibits issuers from using federal funds "for purposes of paying for"
abortion. The Senate health care reform bill as passed
states that if a "qualified health plan" offered under the health insurance exchange provides
coverage of abortion services for which public funding is banned, "the issuer of the plan shall
not use any amount attributable" to the subsidies created under the bill "for purposes of paying
for such services."
Senate bill establishes a separate premium to segregate funds used to pay for abortions
from federal funds. The Senate bill as passed further
requires issuers to "collect from each enrollee" in plans that cover abortions a "separate
payment" for "an amount equal to the actuarial value of the coverage of" abortion services. This
value must be at least $1 per enrollee, per month. All such funds are deposited into a separate
account used by the issuer to pay for abortion services; federal funds and the remaining premium
payments are used to pay for all other services.
Current law allows for Medicaid to provide coverage for abortions restricted by Hyde by
using similar fund segregation. According to a November 1, 2009,
study by the Guttmacher Institute, 17 states provide coverage under Medicaid for "all or most
medically necessary abortions," not just abortions in cases of life endangerment, rape, and
incest. Those states "us[e] their own funds" -- not federal funds -- "to pay" for the procedures.
Therefore, in 17 states, Medicaid, a
federally subsidized health care program, covers abortions in circumstances in which federal
money is prohibited from being spent on abortion.


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Media Matters for America -
1 days and 3 hours ago
On Fox & Friends, co-host Steve Doocy falsely suggested that the Senate's health
care reform legislation contains "language that does allow for" federal "funding for abortion"
beyond what is currently allowed under the Hyde Amendment, which forbids the use of federal funds
for abortions except in cases of life endangerment, rape or incest. Doocy referenced both Rep.
Bart Stupak's (D-MI) and the US Conference of Catholic Bishops (USCCB) opposition to health care
reform because they claim the Senate bill allows for federal funding of abortion.
Doocy: Senate bill "allow[s] for the" federal "funding for abortion"
Doocy: Stupak and USCCB oppose Senate bill because it contains "language that does allow
for funding for abortion." On the March 15 Fox & Friends, Doocy reported
that Stupak has "made it very clear that he's not going to vote" in favor of health care reform
because the Senate bill "contains language that does allow for the funding of abortion." Doocy
added: "Last week, the Catholic Church, the US Conference of Catholic Bishops" announced that
"they are against this because it does allow for funding for abortion."
Both Stupak and the USCCB falsely claim Senate bill allows for federal funding of
abortion. Stupak has repeatedly falsely
claimed that the Senate bill allows for federal funding of abortion, while the abortion
amendment he sponsored in the House bill does not. Stupak has also maintained, falsely, that his amendment does not
go beyond the Hyde Amendment, which currently prohibits the federal funding of abortion, except
in cases of life endangerment, rape or incest. The USCCB has also advanced these falsehoods. In
its March 11 statement to parishioners, which Doocy cited in his report, the USCCB
stated that "the U.S. House of Representatives passed major health care reform that reaffirms
the essential, longstanding and widely supported policy against using federal funds for elective
abortions...the U.S. Senate rejected this policy and passed health care reform that requires
federal funds to help subsidize and promote health plans that cover elective abortions."
FACT: Senate bill prohibits health insurers from using federal subsidies to pay
for abortion services restricted by Hyde.
The Senate health care reform bill as passed
states that if a "qualified health plan" offered under the health insurance exchange provides
coverage of abortion services for which public funding is banned, "the issuer of the plan shall
not use any amount attributable" to the subsidies created under the bill "for purposes of paying
for such services."
Senate bill establishes a separate premium to segregate funds used to pay for
abortions from federal funds. The Senate bill as passed further
requires issuers to "collect from each enrollee" in plans that cover abortions a "separate
payment" for "an amount equal to the actuarial value of the coverage of" abortion services. This
value must be at least $1 per enrollee, per month. All such funds are deposited into a separate
account used by the issuer to pay for abortion services; federal funds and the remaining premium
payments are used to pay for all other services.
Current law allows for Medicaid to provide coverage for abortions restricted by
Hyde by using similar fund segregation. According to a November 1, 2009,
study by the Guttmacher Institute, 17 states provide coverage under Medicaid for "all or most
medically necessary abortions," not just abortions in cases of life endangerment, rape, and
incest. Those states "us[e] their own funds" -- not federal funds -- "to pay" for the procedures.
Therefore, in 17 states, Medicaid, a
federally subsidized health care program, covers abortions in circumstances in which federal
money is prohibited from being spent on abortion.


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memeorandum -
1 days and 9 hours ago
Michael O'Brien / The
Hill:
House Democrats release bill for Budget markup Monday — House
Democrats on Sunday night set into motion what they hope will be the final steps on healthcare
reform. — The House Budget Committee on Sunday evening released text that will
serve as the base legislation for the changes the House will seek to the Senate bill this week.
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Media Matters for America -
1 days and 18 hours ago
Karl Rove brought his misinformation tour to Meet the Press by making false claims about
the Iraq war and the use of reconciliation to pass health care reform legislation.
Rove falsely claimed it "was not" Bush policy "to go into Iraq and take their" oil revenues "to
pay for the cost of the war"
From the March 14 edition of NBC's Meet the Press:
TOM BROKAW (guest host): And Mr. Rove, there was also sharp criticism, and justified, from a lot
of quarters of the management of the war once you did go to war. The insurgency was more swiftly
activated on the part of those Islamics who wanted to fight back. We were not greeted as
liberators beyond the first couple of days. We didn't have enough troops to provide internal
security. The cost of the war skyrocketed almost from the beginning. There was not a sharing of
the oil revenue that a lot of people had promised, including the vice president.
ROVE: Let me correct you. There -- you've put it down a lot of things here. I'll be happy to deal
with them serially or together, whichever you like. But for example, on that one, the
administration emphatically said this was not about oil. And we thought right from the beginning
--
BROKAW: No, no, not about oil, but it was about --
ROVE: Let me finish.
BROKAW: -- how we would share oil revenue and it would help offset the cost of the war.
ROVE: No. No, no. Tom, with all due respect, that was not the policy of our government, that we
were going to go into Iraq and take their resource in order to pay for the cost of the war.
BROKAW: But it would be part of the consequence of getting the country stabilized.
ROVE: No. Part of the consequence would be that Saddam Hussein, who used the oil market to
manipulate prices and deny supplies to the West, would no longer be in a position to do that. But
the suggestion that somehow or another the administration had as its policy, "We're going to go
into Iraq and take their resource and pay for the war," is not [unintelligible]
BROKAW: I didn't say that. What I said was that there would be an oil sharing and the revenue
from that would help offset the cost of the war. And I didn't stay it was a principal factor, but
it was part of the larger scheme.
ROVE: No, with all due respect, we're simply going to disagree on this.
Fact: Bush administration officials said "the bulk of the funds for Iraq's reconstruction will
come from Iraqis," including "oil revenues"
Rumsfeld: "[T]he bulk of the funds for Iraq's reconstruction will come from Iraqis,"
including "oil revenues." In an October 2, 2003,
defined by the U.S. House Committee on Rules as "part of the congressional budget process ...
utilized when Congress issues directives to legislate policy changes in mandatory spending
(entitlements) or revenue programs (tax laws) to achieve the goals in spending and revenue
contemplated by the budget resolution."
Republicans repeatedly used reconciliation to pass Bush's agenda. Republicans
used the budget reconciliation
process to pass Bush's 2001 and 2003 tax cuts as well as the 2005 "Tax Increase Prevention and
Reconciliation Act." The Senate also used the procedure to pass a bill containing
a provision that would permit oil drilling in the Arctic National Wildlife Refuge. (The final
version of that bill signed by Bush did not contain the provision on drilling.)
Fact: Reconciliation has been used to pass major changes to health care laws
Reconciliation has repeatedly been used to reform the health care system. On
February 24, NPR noted that many "major
changes to health care laws" have passed via reconciliation. These measures include COBRA, which
allows laid-off workers to keep their insurance coverage, and the State Children's Health
Insurance Program:
On NPR, Rosenbaum stated, "[T]he way in which virtually all of health reform ... has
happened over the past 30 years has been the reconciliation process." During the
February 24 broadcast of NPR's Morning Edition, health policy correspondent Julie Rovner
quoted George Washington University professor Sara Rosenbaum saying: "In fact, the way in
which virtually all of health reform, with very, very limited exceptions, has happened over the
past 30 years has been the reconciliation process."


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FT.com - Europe homepage -
1 days and 18 hours ago
Chris Dodd, US Senate banking committee chairman, is due to shrug off Republican opposition and
introduce a financial regulatory reform bill on Monday designed to bring landmark reforms a step
closer
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PhoenixJP.News -
1 days and 19 hours ago
A new ad for former HP CEO Carly Fiorina's campaign for the Senate takes the extremes of her "Demon
Sheep" ad to even more exalted levels.
|
Media Matters for America -
1 days and 21 hours ago
Columnists George Will and David Brooks both claimed that the deficit reduction provisions of the
Senate health care bill are, in Brooks' words, "totally bogus" because "it has 10 years of taxes
and six years of benefits." In fact, the Congressional Budget Office (CBO) has estimated that the
Senate bill will not only reduce budget deficits through 2019, but will continue to reduce
deficits in the following decade.
Will, Brooks claim deficit reduction is "bogus" and due to "10 years of taxes and six years of
benefits"
Brooks: "[A] lot of the deficit control is totally bogus." Appearing on the
March 14 edition of NBC's Meet the Press, Brooks said he "lean[s] against" health care
reform, in part because "a lot of the deficit control is totally bogus." Brooks added: "We're
[going to] have 10 years of revenue to pay for six years of costs."
Will: Legislation's deficit reduction is due to "accounting gimmicks." On the
March 14 edition of ABC's This Week, host Jake Tapper said to Will, "[F]ormer
Congressman Ray LaHood ... has an op-ed in the Chicago Tribune today talking about why,
as a member of the House, he would have voted for this bill, because this bill reduces the
deficit, and it also brings down health care costs and it will make insurance more affordable. Do
you believe that he would have voted for it as a Republican congressman?" Will replied: "Not a
bit. It reduces the deficit because you have 10 years of taxes and six years of benefits and
other accounting gimmicks."
In fact, CBO has estimated Senate and House bills will continue to reduce deficits after 2019
CBO expects Senate bill to continue deficit reduction during decade after 2019.
From the March 11 CBO
estimate of the Senate health care bill:
CBO expects that the legislation, if enacted, would reduce federal budget deficits over the
decade after 2019 relative to those projected under current law -- with a total effect during
that decade that is in a broad range between one-quarter percent and one-half percent of GDP.
That judgment is unchanged from CBO's previous assessment, and the imprecision of that
calculation reflects the even greater degree of uncertainty that attends to it, compared with
CBO's 10-year budget estimates.
CBO estimated the House bill will also result in deficit reductions in the decade after
2019. From the November 6 CBO
estimate:
According to CBO and JCT's assessment, enacting H.R. 3962 would result in a net reduction in
federal budget deficits of $109 billion over the 2010-2019 period (see Table 1) [this estimate
was later
updated to $138 billion over the same period]. In the subsequent decade, the collective
effect of its provisions would probably be slight reductions in federal budget deficits. Those
estimates are all subject to substantial uncertainty.


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