TNL Features - Politics

The Market, Health Care, and Moral Hazard

by Francis Cianfrocca

Coffee and Markets

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Francis Cianfrocca joins Ben Domenech for the Monday, November 9th edition of Coffee & Markets, a series of brief morning podcasts on politics and the marketplace, now appearing as well on WashingtonTimes.com.

Today’s podcast focuses on the surge in stock markets around the globe, the health care vote over the weekend, and the difficulty of regulating moral hazard.

Items discussed include:

Interfluidity on Moral Hazard

National Journal: With House Passage, Stage Set for Senate (subscription only)

Even as the Senate comes back for a brief session this week before Wednesday’s Veterans Day holiday, the stage is largely set for the rest of the year’s legislative agenda in the wake of House passage of a landmark healthcare overhaul bill late Saturday night.

The House voted 220-215 to pass its version of health reform, but that milestone victory marks only the continuation of the bill’s long journey from the House to the president’s desk.

Action — or what passes for action — now moves to the Senate, where Sen. Lindsey Graham, R-S.C., has already declared the House bill “dead on arrival.”

But Senate Majority Leader Reid’s office signaled he will try to complete a healthcare overhaul bill this year, even if it means weekend work.

“We will be in as much as necessary to get a bill done,” Reid spokesman Jim Manley said.

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- February 9, 2010 -

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