Health Care Reform Postponement Is Now Official

Senate Majority Leader Harry Reid dumped President Obama's August deadline for floor action on Health Care Reform legislation into the shredder today with the announcement that the Senate won't take up the measure until after Labor Day. Private negotiations continue in caucus rooms on both sides of the Capitol, but progress is apparently insufficient to speed any legislation through both houses of Congress any time soon. While Senators and Representatives are home in their Districts during the month of August, look for millions of dollars worth of television advertising on the issue from both parties and the numerous health care and insurance interests involved in the debate. If you sell advertising time on the airwaves for a living, August should be a very lucrative month.