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Finance Committee's Scaled Down Plan

Ezra Klein has an exclusive: He's got what looks like a provisional outline for a new health plan from the Senate Finance Committee. Of note: Subsidy levels would stop at 300 percent of the poverty line, rather than 400 percent; there'd be no public plan, just some version of Senator Kent Conrad's "co-ops"; the employer obligation remains undefined. This is not encouraging. He's got a write-up, along with PDFs of the circulating paper, here.

--Jonathan Cohn