As the public option was deteriorating, lefties like Tom Harkin and Sherrod Brown would point to "guaranteed issue"—a ban on the practice of denying insurance based on pre-existing conditions—as a major accomplishment that would provide real help to real people. But this compromise floated in the NYT doesn't do any of that. Guaranteed issues, some form of individual mandate, and the subsidies all hang together. You've got to bite the bullet and do it all at once.
Besides, does anyone think that Republicans will even vote for the compromise bill? Anyone? Bueller?