From Jon Walker over at The Seminal:
First, the argument ignores that reconciliation would still protect the guts of reform....
Expanding Medicaid, Medicare buy-in, the public option, closing the Medicare doughnut hole, taxes, affordability tax credits, cost control reforms for Medicare and Medicaid, and more can all be done with reconciliation. These are all the most difficult parts of reform.
Secondly, the argument that reconciliation could strip out the important insurance regulations is very weak. Technically, provisions not related to the budget can be removed by the Byrd rule, and that includes the important new insurance regulations (ban on pre-existing conditions, community rating, lifetime limits, etc.), but there is a very important caveat: these provisions will only be removed if they fail to get 60 votes to wave the Byrd rule for those provisions.
More at The Seminal.
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