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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (25083)1/21/2010 1:35:23 PM
From: Hope Praytochange  Read Replies (1) | Respond to of 103300
 
Healthcare Reform: Oh, What a Mess!
Posted by Johanna Bennett

Salvaging healthcare reform is going to be a long and messy process.

In a report published by the Associated Press earlier today, Speaker Nancy told reporters she lacks the votes to quickly move the Senate’s sweeping health-care overhaul bill through the House.

According to the AP story, her concession leaves little hope for a White House-backed plan to quickly push the Senate-approved health bill through the House, followed by a separate measure making changes sought by House members, such as easing the Senate’s tax on higher-cost health plans.

Healthcare stocks were down ahead of the broader stock market in early afternoon market action.

The S&P Healthcare Index fell 2.1% this afternoon, compared to less than 2% declines by the S&P 500 and the Dow Jones Industrials.

The Morgan Stanley Healthcare Payor Index fell 2.2%, while some of the biggest managed care stocks generated even bigger declines.