Senate Finance Committee Kills Schumer Public Option Amendment
The Senate Finance Committee just voted down the second and last public option amendment expected to be offered during the panel’s markup of health reform legislation. The proposal, sponsored by Sen. Charles Schumer (D-N.Y.), would have created a public plan to compete with private insurers on a newly formed marketplace, called the exchange.
The vote was 10 to 13, with three Democrats — Sens. Max Baucus (Mont.), Kent Conrad (N.D.) and Blanche Lincoln (Ark.) — opposing the proposal.
Democratic Sens. Bill Nelson (Fla.) and Tom Carper (Del.), who voted against a similar proposal offered earlier in the day, both supported Schumer’s amendment.
We are tracking all of today’s developments on our Senate Public Option Scoreboard.