The big news in President Obama's budget appears to be that it will include a large fund for health care. The basic idea appears to be securing much of the funding for health care reform in the budget process, and then working out the details of the reform later on:
President Obama intends to release a budget tomorrow that creates a 10-year, $634 billion "reserve fund" to partially pay for a vast expansion of the U.S. health care system, an overhaul that many experts project will cost as much as $1 trillion over the next decade.
Obama would pay for the expansion by trimming tax breaks for the wealthy and tightening payments to insurers, hospitals and physicians, according to a senior administration official.
By first identifying a large pot of money to underwrite health care reform -- before laying out a proposal on who would be covered or how -- Obama hopes to signal his willingness to negotiate with Congress over the details of an eventual plan.
I like this approach. $634 billion over ten years is not as much as we need to successfully overhaul the health care system, but it is a good first step that will make any further requests for more money in future months and years easier. It appears to be, quite literally, a down payment for health care reform.
Now, even though this is the budget process, it still might take 60 votes in the Senate because it increases the deficit. If anyone can verify in the comments whether this year's budget will need 50 or 60 votes to pass the Senate, it would be a great help.
However many votes are needed, talk of major health care reform after a grueling first victory for a new Democratic trifecta certainly reminds of a lot of 1993-1994. This time, let's not slide backward because of this fight.