[from Beltway Confidential]
Jonathan Cohn at the New Republic is getting excited that the Senate's health committee could pass a health care bill as early as today. In that light, and considering the deals with industry that Democrats have made to get this far, I recommend everyone read two blog posts from recent days.
First, Tyler Cowen writes about the "market" prices of the various "reforms": who's paying whom what.
And Will Wilkinson has a strong post titled "The Path to Corporate Welfare is Paved with Essential Legislation." In it he asks:
When I talk to folks on the left, a lot of them really earnestly claim to deplore corporate welfare. But, when it came down to it, a lot of those same folks wanted to brag about promising to deliver corporate welfare to Wal-Mart. What gives? It makes me wonder how they think corporate welfare happens? Do they think it’s usually not as part of some legislative quid pro quo?
Like Waxman-Markey, the health-care bill will be a huge boon to the biggest corporations in the affected industries--and again it will be called "reform."