senate

Aiming to prevent a 21-percent reduction in Medicare doctor payments next year, the House today passed legislation scrapping the flawed formula that has dictated similar cuts for most of the decade.
The count was 243 to 183, with 11 Democrats voting against the measure, and just one Republican — Rep. Michael Burgess, a Texas physician — [...]

Markos Moulitsas leaks (on Twitter) the results of the latest Daily Kos/Research 2000 poll, which has Marco Rubio surging against Gov. Charlie Crist (R-Fla.) in the 2010 GOP Senate primary. The trendlines:
Charlie Crist – 47 percent (-10)
Marco Rubio – 37 percent (+26)
Likely Democratic candidate Rep. Kendrick Meek (D-Fla.), according to Kos, is a non-factor in [...]

Nothing shocking here. Senate Minority Leader Mitch McConnell (R-Ky.) took to the chamber floor this morning to decry the Democrats’ $848 billion health reform bill, unveiled about 15 hours earlier.
After six weeks of drafting a bill behind closed doors, the Majority has produced a bill that increases premiums, raises taxes, and slashes Medicare by half [...]

Now that the veil has been lifted, here are a few of the important numbers surrounding the Senate’s health reform bill, courtesy of the Congressional Budget Office.

$848 billion: Ten-year cost of the proposal, all of it offset by revenue increases and budget cuts elsewhere.
$130 billion: Amount the bill would reduce budget deficits over 10 years.
[...]

After weeks of number crunching, the Congressional Budget Office announced this afternoon that the Senate’s health reform bill will cost $849 billion over 10 years, cover 94 percent of the country’s population, and reduce the deficit by $127 billion, Fox News reports:
Senate Majority Leader Harry Reid released the bill and its price tag to his colleagues [...]

Moments ago, Senate Republicans blocked a Democratic proposal to freeze credit card rates on existing balances through the holiday season. The bill, sponsored by Senate Banking Committee Chairman Chris Dodd (D-Conn.), would prevent credit card companies from hiking rates and fees on existing balances until the industry reforms passed by Congress earlier this year take [...]

As Sen. Robert Byrd (D-W.Va.) celebrates his milestone today — he has served in the House and Senate longer than anyone else, ever — let’s take a moment to remember his work with the fiddle.

Neither chamber takes aim at the underlying fiscal problems of Medicaid, the state-federal partnership that covers the poorest Americans.

The Senate this afternoon defeated an amendment to an appropriations bill proposed by Sen. James Inhofe (R-Okla.) that would have prevented the Pentagon from using funds to adapt or build any new facilities in the United States to house Guantanamo detainees. That would have included anyone charged, tried or convicted in a U.S. federal court. [...]

As we mentioned here last week, the recently passed jobless benefits extension, though packaged as a boost for Main Street, provided many times more funding to the nation’s businesses, including the largest corporations. Specifically, the law allows companies to recover already-paid taxes by applying recession-year losses to income made over the past five years. The [...]