« NYT: Funemployment Can Be Liberating and Fulfilling; All You Need to Do is Volunteer for Liberal Causes | Main | Whoopsie... How About an Open Afternoon Thread? »
September 08, 2009

Baucus' "Compromise" on Individual Mandates: Up to $3,800 Fine For Failure to Buy Insurance
UPDATE: Grassley Not Buying It

Via DrewM., Senator Max Baucus finally got his version of Obamacare out. It is supposedly an attempt at compromise. Among the provisions:

The plan from Democratic Sen. Max Baucus of Montana would make health insurance mandatory, just like auto coverage. It would provide tax credits to help cover the cost for people making up to three times the federal poverty level. That's about $66,000 for a family of four, and $32,000 for an individual.

But those who still don't sign up would face hefty fines, starting at $750 a year for individuals and $1,500 for families. The maximum penalty on individuals would be $950.

The max penalty for a family would be $3,800.

As I wrote this morning: subsidies and taxes. This is just another anti-prosperity plan.

Update: Senator Chuck Grassley is one of the Republicans still trying to talk the Democrats down off this ledge. The future of Baucus' compromise is—in large part—in Grassley's hands. He's signalling no deal:

A source close to Republican Sen. Grassley tells CNN that in addition to the problem he has with the fee on insurance companies, a concern he expressed on CNN this morning, he also does not like the overall price tag, which he thinks will be about $880 billion. The Iowa senator had been hoping for something in the $750-$780 billion ballpark.

Democratic sources tell us that Baucus will use today's 2:30 pm ET meeting to gauge whether he can get a deal with the Republicans in the so-called "Gang of Six," especially Grassley and Sen. Mike Enzi, or whether he will have to move on and schedule a Finance Committee markup without a bipartisan agreement.

BTW, if you want to read it yourself the Baucus "framework" is here (PDF).






Recent Comments
Count de Monet: "Damn. Nolan Ryan's a fat, bald, old guy! Posted ..."

Christopher R Taylor: "Falling Down is a terrific movie. Great acting by ..."

Robin Ventura: "[i]Damn. Nolan Ryan's a fat, bald, old guy! Pos ..."

Duke of Righteous WTF?: "A movie with a hidden baseball theme is "Cannery R ..."

Anna Puma (HQCaR): "You have seen they have remade [i]Flatliners[/i], ..."

tcn in AK: "Yes, the damn Yankees must lose. And then the Astr ..."

mnw: "She looked damn good in Pretty Baby. Anybody who ..."

scrood: "Wait a minute.  When did Morons get picky abo ..."

Ashley Judd's Puffy Scamper, aka MrCaniac: "Not crazy about Sarandon, but she was smoking hot ..."

Deplorable Ian Galt, still loving the Cubs, trying not to jinx the Asstros: "One fascinating little documentary I saw on Netfli ..."

logprof: "576 Jacob's Ladder was really good, I agree. Incre ..."

Christopher R Taylor: "[i]And Mario van Peebles needed his screen-time cu ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64