Skip Navigation
Megan McArdle

Megan McArdle - Megan McArdle is a senior editor for The Atlantic who writes about business and economics. She has worked at three start-ups, a consulting firm, an investment bank, a disaster recovery firm at Ground Zero, and The Economist. She is currently on leave.
More

Megan was born and raised on the Upper West Side of Manhattan, and yes, she does enjoy her lattes, as well as the occasional extra-dry skim-milk cappuccino. Her checkered work history includes three start-ups, four years as a technology project manager for a boutique consulting firm, a summer as an associate at an investment bank, and a year spent as sort of an executive copy girl for one of the disaster-recovery firms at Ground Zero � all before the age of 30.

While working at Ground Zero, Megan started Live From the WTC, a blog focused on economics, business, and cooking. She may or may not have been the first major economics blogger, depending on whether we are allowed to throw outlying variables such as Brad Delong out of the set. From there it was but a few steps down the slippery slope to freelance journalism. She has worked in various capacities for The Economist, where she wrote about economics and oversaw the founding of Free Exchange, the magazine's economics blog. She has also maintained her own blog, Asymmetrical Information, which moved to The Atlantic, along with its owner, in August 2007.

Megan holds a bachelor's degree in English literature from the University of Pennsylvania and an M.B.A. from the University of Chicago. After a lifetime as a New Yorker, she now resides in northwest Washington, D.C., where she is still trying to figure out what one does with an apartment larger than 400 square feet.

Can the Senate Pass a Health Care Bill Before Christmas?

By Megan McArdle
Dec 15 2009, 12:47 PM ET Comment

The Democrats desperately want to pass a health care bill through the Senate before Christmas, so that it can go through conference and be voted in early next year.  The Senate is saying they can do this.  Here's what I don't get:  what about the CBO score?



Unless they actually just strip the bill back to the last version to get a full score, then they'll be voting blind.  Maybe if that's what Lieberman asks for, you can tack on something Stupak-like and get to 60 with an essentially unchanged score (for all the heat of the debate, the amount of money involved is trivial). 

But is that exactly what Lieberman and Nelson are asking for?  We still don't know what's in this mythical deal.  If there are any material changes, it will simply not be possible to push this thing through the Senate before Christmas, at least not if you want to know what it's going to cost.  Essentially, the amount of time it takes to work through a cloture vote means that they need to call for cloture on Thursday.  And while the CBO is a marvelously efficient organization, it does not actually whip through its work faster than a speeding bullet.  Estimating the effect of any changes is simply going to take time.

Is the Senate willing to vote without a score?  As someone recently remarked to me, "Kent Conrad doesn't go to the bathroom without a CBO score".  Claire McCaskill has indicated she's unwilling to vote until she sees a good score.  And I don't think they're the only ones.  The CBO just wasted five days scoring The Deal that Wasn't. 

If that's the case, I just don't see how you get to a cloture motion by Thursday.  They're still debating amendments.  And if I were a moderate Senator who doesn't really want to face voters having voted for this thing, I think the one thing I'd be asking for right now is some material changes from the Baucus bill, to slow it down and hope it dies of terminally bad poll numbers and progressive outrage in the New Year.

Of course, Reid has pulled off difficult votes before.  On the other hand, he's also slipped a lot of deadlines.  I suppose we'll find out soon, either way.

Presented by

More at The Atlantic

The Revenge of the Rust Belt: How the Midwest Got Its Groove Back The Revenge of the Rust Belt
How One Mother's Story Helped Change Obama's Gay Marriage Stance How A Mother's Story Changed Obama's Gay-Marriage Stance
The Brash Hypocrisy of Lanny Davis This Man Represents Everything Wrong in Washington
The New Welfare State: Faster, Cheaper ... and Out of Control? The New Welfare State: Faster, Cheaper ... and Out of Control?
Silicon Valley's Next Big Thing: Beer Silicon Valley's Next Big Thing: Beer

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.
blog comments powered by Disqus
View All Correspondents

The Biggest Story in Photos

Where in the World? Part 3: A Google Earth Puzzle

May 25, 2012

Subscribe Now

SAVE 59%! 10 issues JUST $2.45 PER COPY

Facebook

Newsletters

Sign up to receive our free newsletters

(sample)

(sample)

(sample)

(sample)

(sample)

(sample)

Megan McArdle
from the Magazine

Why You Can’t Get a Taxi

And how an upstart company may change that

Europe’s Real Crisis

The Continent’s problems are as much demographic as financial. They won’t go away soon.

Why Companies Fail

GM’s stock price has sunk by a third since its IPO. Why is corporate turnaround so difficult…