News July 7
Senator Sanders
Health Care VPR Senator Bernie Sanders told Vermont Public Radio it will be very difficult to pass a meaningful health care reform bill this summer unless President Obama becomes a "forceful advocate" for the legislation. Sanders, a member of the Senate health committee, also said it is critical that the bill include a new public health plan that will compete with private insurance companies. LINK
Health Care MSNBC “What
we can’t forget is what polls show. The last New York Times poll, 72
percent of the American people wanted a public option; 90 percent of
the Democrats wanted a public option. I think about half the
Republicans did. It is incomprehensible that there should be any
question about whether we have that,” Sanders said on “The Ed Show” on MSNBC. VIDEO
Health Care Fox “The drug companies and the insurance companies and the health industry are spending over $1 million a day to make sure that we don't make the kinds of changes in this country that we need to provide every man, woman and child with quality comprehensive health care,” Sanders told Fox News, adding, “They should be afraid…that they will not be able to compete against a strong Medicare-type public plan which treats people with dignity.” LINK and VIDEO
Health Care CNN Al Franken takes the oath of office today as the junior senator from
Health Care Reformer “From
2007, the first year that Democrats took control of Congress, to the
first three months of 2009, nearly $1.4 billion was spent on lobbying
by the five sectors of the health care industry that have the most to
lose in health care reform -- pharmaceuticals/health products,
insurance, health services/HMOs, hospitals and nursing homes and health
care professionals…If Peter Welch, Patrick Leahy and Bernard Sanders
have enough backbone to stand up to the pressures of the medical
industry, why can't the other men and women in Washington?” the Brattleboro Reformer asked in an editorial. LINK
Franken Al Franken arrived on Capitol Hill on Monday for the first time as a senator-elect, more than eight months after
Oil Prices
Filibuster The Travel Promotion Act died after Republicans blocked consideration of a Sanders amendment, which would have required federal regulators to use emergency powers to prevent excessive speculation in oil markets. According to Roll Call, nine of the bill’s 11 GOP co-sponsors voted against cloture in “the sort of disciplined approach Minority Leader McConnell must be able to demonstrate to his caucus.” LINK
Fed Secrecy “Americans
across the nation, regardless of their opinion on the bailout, want to
know where the money has gone, exactly how much has been spent, and
what collateral has been taken in return. That is why you see so much
bipartisan support in the house in Bernie Sanders and Jim DeMint being
on the same side in the Senate,” DeMint said in a floor speech on C-SPAN. VIDEO
International
Obama in
Ousted
National
White House Open to Deal on Public Health Plan It is more important that health-care legislation inject stiff
competition among insurance plans than it is for Congress to create a
pure government-run option, White House Chief of Staff Rahm Emanuel
said Monday. "The goal is to have a means and a mechanism to keep the
private insurers honest," he said in an interview with The Wall Street Journal.
"The goal is non-negotiable; the path is" negotiable. His comments came
as the Senate Finance Committee pushed for a bipartisan deal. LINK
Hospitals Reach Deal With Administration The nation's hospitals agreed last night to contribute $155 billion
over 10 years toward the cost of insuring the 47 million Americans
without health coverage, according to two industry sources. The
agreement that three hospital associations reached with White House
officials and leaders of the Senate Finance Committee is the latest in
a series of side deals that aim to reduce the cost of revamping the
nation's health-care system and to neutralize influential industries
that have historically opposed such reforms, The Washington Post reported. LINK
Senate May Recast Climate Bill President Obama's climate-change legislation begins a daunting march
through the Senate this week, with supporters acknowledging they are as
many as 15 votes shy of victory and well aware that deals to attract
more votes could erode the bill's environment-friendly objectives.
Senators will weigh a slew of potential compromises -- everything from
allowing more offshore drilling for oil and natural gas to increasing
funding for nuclear energy -- that they think would inch the package
closer to passage, The Washington Post reported. LINK
Banks Stingy on Credit Cards Despite
massive government efforts to bolster the credit market, banks are
pulling back severely on card lending. In the first four months of the
year — the latest data — banks issued 9.8 million new credit cards, a
38 percent drop from the same time last year, according to Equifax
credit bureau data. Low-risk borrowers can still get credit, but
they're getting less than before, USA Today reported. LINK
Obama Adviser Says U.S. Should Mull Second Stimulus The U.S. should consider drafting a second stimulus package focusing on
infrastructure projects because the $787 billion approved in February
was “a bit too small,” said Laura Tyson, an adviser to President Barack
Obama. Tyson, speaking in
Wood Pellets Catch Fire as Renewable Energy Source Some
of the fastest growing sources of renewable energy in the world are the
wind, the sun -- and the lowly wood pellet. European utilities are
snapping up the small combustible pellets to burn alongside coal in
existing power plants. Wood pellets -- cylinders of dried shredded wood
that resemble large vitamins -- are the least expensive way to meet
European renewable-energy mandates, utility executives and industry
consultants say, The Wall Street Journal reported. LINK
State Layoffs The administration of Gov. Douglas risks losing as much as $2.4 million of federal money through the recent layoffs of state workers, according to the union that represents many of those employees. The process of eliminating positions for about 123 workers over the last month would save about $6 million a year, but the fact that the federal government pays as much as three-quarters of the combined salaries for those workers means the process could be counter-productive, the Vermont Press Bureau reported. LINK
Budget Nightmare: 10 Most Broke States Compared to the other states,
Milk Prices U.S.
Agriculture Secretary Tom Vilsack said Monday he will soon announce a
plan to make it easier for dairy farmers to take out new loans or keep
up with their existing payments. Vilsack met privately with
St. Patrick Sen. Patrick Leahy calls his Vermont home Drawbridge Farm for the shelter and solace it can offer him from the rigors of life in Washington, but its 300 acres is not enough to keep out the politics of Sonia Sotomayor’s upcoming confirmation hearings,” according to an Associated Press profile pegged to the hearings that begin next week. LINK
