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Tamny: The U.S. Will Go Back To The Gold Standard

U.S. Senate «

Inside the Dome for March 15

March 15th, 2010, Washington, DC–From ALG News’ Capitol Hill Correspondent Derek Baker:

In the Senate, parliamentarian Alan Frumin is getting a great deal of attention of late, with literally the fate of the country at stake on how he rules on provisions within the Democrats healthcare reconciliation package.  Republicans are expected to show a united front of opposition to ObamaCare and will vote as a block to support every possible point-of-order against the bill.

Banking Committee chairman Dodd is expected to unveil his financial reform bill this afternoon, a package some expect to create concerns on both sides of the aisle. One provision rumored to be included that’s certain to anger conservatives is the creation of the much maligned consumer financial protection agency within the Federal Reserve.

Bottom Line: While there will undoubtedly be a great struggle against the reconciliation bill in the Senate, if it gets to that point, the reality will be that the bulk of ObamaCare will have already passed the House and on its way to Obama’s desk. Defeating reconciliation in the Senate will only alter ObamaCare, not defeat it. Thus, House Dems must be made to realize any deals they make trading their vote for reconciliation provisions may not come to fruition.

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Inside the Dome for March 11

March 11th, 2010, Washington, DC–From ALG News’ Capitol Hill Correspondent Derek Baker:

In the Senate, Minority Leader McConnell released a letter yesterday afternoon signed by all 41 GOP senators pledging to vote in favor of stripping any provision from the healthcare reconciliation bill that violates the Byrd rule. This essentially means Republicans are committed to vote as a block to remove any policy changes in reconciliation, even if they agree with the change, such as fixes to the abortion funding or immigration language.

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Feingold open to health care reconciliation only for certain provisions; not full bills

In a statement Sunday, Sen. Russ Feingold, D-Wis., said he would support reconciling health care reform legislation only in specific instances.

The statement came after Feingold talked to constituents in Racine on Saturday about health care.

Feingold said he is open to using reconciliation to enact health care provisions specifically targeted at reducing budget deficits. He also said reconciliation would not be an appropriate way to move forward wide-ranging health care reform measures, such as the bills passed by the House and Senate.

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