DEAL WATCH: That Was Fast – Bismarck Bank Job Removed

“Bye bye, Cornhusker Kickback. Hello, special treatment for Tennessee and possibly North Dakota. Democrats unveiling revisions Thursday to their health care overhaul bill decided to kill the extra $100 million in Medicaid funds for Nebraska that has become a symbol of backdoor deal-making…..[T]hough the bill would revamp the nation’s student loan system to make the government the only lender, one bank — the state-owned Bank of North Dakota — would be allowed to continue making student loans. That provision ended up rubbing Sen. Kent Conrad, D-N.D., the wrong way. Fearing it would become a target by Republicans in what he said is ‘an overly heated partisan environment,’ he asked the House late Thursday to remove it from the legislation. A spokesman for Rep. Earl Pomeroy, D-N.D., said the provision was removed after Conrad’s request. ‘It’s out of the package now,’ spokesman Brenden Timpe said. ‘It’s kind of a moot point.’ He pointed out the provision was added while the Senate was considering a separate student loan overhaul bill, meaning it wasn’t a new addition designed to get Pomeroy’s health care vote as some Republicans accused Thursday.” (“Health care package adds, removes Bank of N.D. item,” Grand Forks Herald, 03/19/10)

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I want to be a part of the last line of defense in stopping a government takeover of healthcare.