mary landrieu

It’s happening…

Two final holdouts, Sens.

Mary Landrieu of Louisiana and Blanche Lincoln of Arkansas, announced in speeches a few hours apart on the Senate floor they would vote to clear the way for what is expected to be a bruising, full-scale health care debate after Thanksgiving.

And it’ll achieve 94% coverage.

And it costs $849B.

CNN has more about some of the key points in the new bill…

Among other things, they’ve agreed to subsidize insurance for a family of four making up to roughly $88,000 annually, or 400 percent of the federal poverty level.

As this health care debate has dragged on, Obama has taken a lot of shots from both the left and the right.

After the release of a study that showed somebody is 23 times more likely to get into an accident, Dems in Congress are working on legislation that would make it illegal across the country.

Kevin Hassett (whose American Enterprise Institute affiliation probably tells you all you need to know about his economic opinions) has written a skewering critique of Obamanomics.

But what’s interesting is not that he calls the Obama administration the most fiscally irresponsible in history, but that he uses California’s monetary problems as evidence that moderate Democrats are likely to balk at authorizing the kind of spending necessary to pass Obama’s health care reform.