Still, Reid said that the package would be sent to the Congressional Budget Office today for a financial assessment before details would be shared with many of his Democratic colleagues.
Joined by Sens. Charles Schumer (D-N.Y.) and Mark Pryor (D-Ark.), Reid said that the deal would ensure that insurance companies would have more competition in the market and Americans more choices, but declined to unveil specifics.
Earlier in the day, however, Schumer outlined an emerging package that would greatly reshape the national public health insurance option included in the Senate's bill in favor of a host of provisions that include an early buy-in for Medicare, insurance industry reforms and more.
Those options would make up a major part of the broader, $848 billion bill that lawmakers have been debating for more than a week.
One model to emerge would create a national menu of insurance options that would be administered by the Office of Personnel Management and closely mirror the Federal Employee Health Benefits program.
At one point, Reid called newspaper stories that labeled the public option as being dead as being off base, then added, “That's not true. What you've heard to this point, you could be surprised what we've sent to CBO.”
“I already know that all 60 senators in my caucus don't agree on every piece of the merged bill,” he said. “But that doesn't mean we disagree with what we said here.”
Sen. Jay Rockefeller IV (D-W.Va.), echoed Reid's assessment, but hinted he would support the measures. “You're going to find nobody who is happy,” he said, referring to all components of the package.
The group of 10 senators, split among the party's liberal and conservative wings, have been meeting behind closed doors for the past six days, saying little publicly about negotiations but nevertheless pressing a path for reform privately.
Sen. Thomas Carper (D-Del.), a member of the group, said that the CBO could release a score of the revised bill over the next several days.
“We have made a lot of progress,” he said.
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