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Business sours on overhaul as legislation veers to left

Wall Street Journal, November 20, 2009

Chances of business supporting the Obama administration's health overhaul are fading fast after Senate Majority Leader Harry Reid's bill took a liberal turn, the Wall Street Journal reports. The Obama administration has courted small businesses from the start, and at times executives have shown favor toward Democratic plans such as the bill passed by the Senate Finance Committee. But now several industry groups are banding together to ask Congress to scrap the current bills and start from scratch on a health overhaul, saying the public plan included in Reid's bill will pay lower rates and shift costs to those with private insurance.