This Just Out: Public Option

It's official: Even a watered-down, weakened "public option" didn't make it into the health bill.

It doesn't matter that most Americans apparently want it.

"Dealing a blow to liberals," says MarketWatch of the 15-8 Senate Finance vote against Jay Rockefeller's amendment. Chuck Schumer's got an amendment of his own coming up.

For now, though, happy days are here again for the private managed-care companies. Humana and other stocks got a good boost on Wall Street this afternoon.