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.

What 60th Vote

By Megan McArdle
Dec 15 2009, 7:59 AM ET Comment

Ezra has a good summary of the state of play on the hill.  But he ends with this:

To move the process forward, Reid had three options. The first, many would say, was reconciliation. But that would have required going back to the committees to refashion a reconciliation bill, and going back to the House of Representatives so it could craft a reconciliation bill, and then going back through the votes. There wasn't time for that, and even if there was, throwing the process so far back onto itself would have been an enormous risk.

The next was to cut a deal with Olympia Snowe. But Snowe had made it clear that part of any compromise with her was a deceleration in the bill's momentum. "The more they try to drive this process in an unrealistic timeframe, the more reluctant I become about whether or not this can be doable in this timeframe that we're talking about," Snowe told reporters. "There's always January."

That left Joe Lieberman. And Lieberman's price for signing onto the bill was the destruction of the public option and, unexpectedly, the Medicare buy-in provision. There would be no triggers, no opt-outs, no compromises. Lieberman swung the axe and cut his deal cleanly, killing not only the public option, but anything that looked even remotely like it. Some on the Hill remain worried that Lieberman will discover new points of contention in the coming days, as they believe he had signaled that he wouldn't filibuster the Medicare buy-in. They worry whether his word is good. But assuming it is, he can provide the 60th vote Reid needs to move the bill by the end of next week, and keep health-care reform on some sort of schedule.

Last time I looked, Ben Nelson was saying no deal unless there's a Stupak amendment.  As far as I know, there is still no Stupak amendment.  And as Ezra says, Snowe will not do a deal before Christmas.  Unless I'm missing something, even if Lieberman signs on, the count is still at 59. 




Presented by

More at The Atlantic

The $630-Million Trees That Sparked a Social Media Revolt in China The $630-Million Trees That Sparked an Online Revolt
50 Cent Endorses Marriage Equality; Wonders Why There's No 'White History Month' 50 Cent's Mixed Gay Marriage Endorsement
Silicon Valley's Next Big Thing: Beer Silicon Valley's Next Big Thing: Beer
Chris Matthews and Newt Gingrich: The Most Entertaining (and Reptile-Centric) Political Interview Ever Gingrich Meets Matthews: A Reptile-Centric Interview
The Right-Wing Ideologue's Guide to Obama's Teenage Pot Smoking How to Spin Obama's Teenage Pot Smoking

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…