On Wednesday, a U.S. Congressional committee is likely to endorse the creation of a financial watchdog agency to protect consumers, with large banks likely to feel its bite worst.
Wall Street Journal (USA)
Senators battled Tuesday over legislation to forestall a cut in Medicare payments to doctors, trying to seize the advantage in the larger health debate. Republicans and some Democrats questioned the price of the Medicare measure — $247 billion over 10 years — and said proponents haven’t offered any new revenue sources or spending cuts to offset the cost.
Orlando Sentinel (Orlando, FL)
A new poll from Quinnipiac University out today would seem to justify the recent jitters we’ve seen coming out of Gov. Charlie Crist’s camp: upstart U.S. Senate candidate Marco Rubio has cut the governor’s lead in half over the last two months thanks to a drive by right-wing extremists.
Politico (Washington, DC)
Speaker Nancy Pelosi told Democrats Tuesday night that she wants to move forward with the more liberal version of a House health reform bill that would peg government-run coverage to Medicare – setting up a clash with moderates in her caucus who oppose the plan.
New York Times (New York, NY)
As Congressional leaders and White House officials huddle behind closed doors to settle their differences on health care legislation, one of the most powerful voices in the debate – President Obama’s – has grown noticeably quieter.