By Jordy Yager - 07/13/09 07:46 AM EDT
House Democrats initially wanted to unveil their full healthcare proposal last Friday, but bipartisan and intra-party negotiations in both the House and Senate have delayed Obama’s hallmark legislation.
And with the 2010 congressional elections steadily approaching — when politically risky decisions will be less appealing — many of the more senior lawmakers are increasingly anxious to get a bill to Obama before the summer recess.
Much of the focus remains centered around how to raise $540 billion in revenue to fund the bill — and coming at a time of rising fiscal deficits, the political nightmare of raising taxes has proven to be a much more difficult sell.
House Ways and Means Committee Chairman Charles Rangel (D-N.Y.) said he plans on Monday to lay out a revenue-raising plan that would raise taxes on couples earning more than $350,000 a year.
Immediate opposition sprang from Republicans on Friday following Rangel’s announcement. House Minority Leader John BoehnerJohn BoehnerIn House GOP, Ryan endorsement of Trump seen as inevitable House GOP faces dilemma on spending bills Overnight Finance: Puerto Rico bill clears panel | IRS chief vows to finish term | Bill would require nominees to release tax returns MORE (R-Ohio) said it would hurt small-business owners who sometimes file their professional income as their personal income.
The GOP objections were followed closely by several Senate Democratic leaders who signaled their reservations on Sunday to taxing the wealthy.
“I think we are going to have a different approach,” Senate Majority Whip Dick DurbinDick DurbinSenate contradicts itself on Gitmo Dems to Clinton: Ignore Trump on past scandals How airport security lines got so bad MORE (D-Ill.) said on ABC's “This Week.”
The disagreements caused many senators on Sunday to voice doubt regarding the measure’s likelihood of making it to Obama by August, but most were not impatient, saying they’d rather take their time than rush it through.
“I think we’ll be through the Finance Committee by the August recess, and I think that’s a realistic goal,” said Sen. Kent Conrad (D-N.D.), who sits on the Senate Finance Committee. “There really is plenty of time. Congress is going to be in session until Christmas Eve.”
But the committee has, until now, postponed making some of the more difficult decisions about hotly contested political issues, such as whether to include a public option or some alternative and what requirements to place on employers.
Additionally, the Senate is set to begin hearings on Obama’s nomination of Sonia Sotomayor to the Supreme Court this week, which will take up time from the Senate.
“I think that’s highly unlikely since the Finance Committee doesn’t even have a bill drafted yet and we’re in the middle of the Sotomayor hearings for this week and then we’re going to be debating her nomination for a week before we adjourn for the office recess,” said Sen. Judd Gregg (R-N.H.) on CNN’s “State of the Union” on Sunday.
The upper chamber has four weeks if it is to pass a bill before the August recess, while the House has only three weeks to meet Speaker Nancy Pelosi’s (D-Calif.) promised timeline of getting a bill to Obama.
Jeffrey Young contributed to this story.