First Read does a good job of explaining how the budget reconciliation process would work for the health care reform bill. If you are following this debate, you should definitely take five minutes to read it. I think it is still too close to call on whether or not we’re headed for reconciliation. Most of this year I just assumed that the Senate would never pass health reform with a public option. But the situation has been improving lately. If I had to bet, I’d bet that we’re still headed for reconciliation. There is also a chance that the public option will be dropped and the bill will still pass. At least the unpredictability makes things interesting to watch.

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