Sen. Chuck Schumer (D-NY) has released this statement, on Harry Reid’s announcement of a public option proposal that includes an opt-out mechanism for states:
“Leader Reid has always been a strong supporter of a public option that could help keep the insurers honest, and today he showed just how deep his commitment is. The public option has new life because as Americans have learned more about it, they have come to see it is the best way to reduce costs and increase competition in the health insurance industry. This form of public option is not exactly what either liberals or moderates would want. But a public plan based on a level playing field, with an opt-out for states, is the best compromise that has the potential of getting 60 votes in the Senate.”
