CRITICAL CONDITION: The latest on the Senate bill

Senate Majority Leader Sen. Harry Reid (D-NV) (L) and Senate Banking Committee Chairman Sen. Chris Dodd (D-CT) (R) talk to reporters during a news conference on Capitol Hill September 26, 2008 in Washington, DC (Mark Wilson, Getty Images)

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• CRITICAL CONDITION: How much will Senate Finance bill cost?

Democratic Senate leaders are working to carefully craft a bill that needs to please at least 60 members of the Senate to avoid a Republican filibuster. The Democrats have 58 seats in the Senate.

Meanwhile the bill could include a couple of new taxes.

• The first is a Medicare payroll tax for people make more than $250,000 a year. That's currently set at at 1. 45 percent of income, and that's matched by employers.

• Another tax that came up during committee debates is the tax on high cost, or cadillac insurance plans. The Senate will have to work out what exactly constitutes a high cost plan.

Senator Harry Reid (D-NV) now saying he hopes to have a finalized bill on the Senate floor this week. It all hinges on a final cost estimate from the Congressional Budget Office.