Public plan goes down in Senate Finance Committee

The Senate Finance Committee has voted against creating a new government health insurance plan to compete with the private market.

The 15-8 vote could forcast the fate of the public option in the Seante as a whole. The outcome was expected but still a defeat for liberals who view government-sponsored insurance for the middle class as a key component of President Barack Obama's health care overhaul. http://www.realclearpolitics.com/news/ap/politics/2009/Sep/29/public_plan_goes_down_in_senate_finance_committee.html

The public option came down to a vote in the Senate Finance Committee and like expected failed in committee even though Democrats have a three vote advantage. The one question that I would like to have answered is if those that support the public option where will the funds come from to get the public option started? If it doesn’t meet its initial expectation, like all government programs then where does the additional funding come from? We all know it will come from the taxpayers and it will dramatically add to deficit as has been reported by the Congressional Budget Office. We better be right or the taxpayers will be settled with an albatrosses!