1) THE DEMOCRATS MUST NOW PASS A HEALTH CARE BILL WITH A ROBUST PUBLIC OPTION USING RECONCILIATION (or some other left variation on that theme).
Yes, people really are still saying stuff like that. The nonsense about reconciliation proceeds from a total misunderstanding of the Senate rules. Reconciliation can only be used for budgetary adjustments in existing programs, not to create new ones. While reconciliation does create some opportunity for bootstrapping, using reconciliation still only makes sense if one is advocating passage of the Senate bill as is, and then fixing it through this process. But since Reconciliation cannot be used to create new programs, I'm not even sure that using it to add a public option to the Senate bill would be permissible after it passes.
If it passes.
Sadly, I have major doubts that after last night, the Senate Bill can win a majority in the House. First, with or without last night, doing such a deal would require a level of trust that may be lacking under the best of circumstances. Secondly, a lot of balls got shrunk last night. Finally, there are still the Kucinich types who will vote to kill Health Care Reform in order to save it, even though starting all over again will not result in a more liberal bill, and probably won’t result in any bill at all.