Mon 7/27 Roundup: Subsidies, Stormy August, Strategic Dialogue

- The NYT writes that the question of subsidies is central to the health care debate. Will the proposed plans be affordable for currently uninsured middle and lower-middle income families, even with the subsidy?

- Nancy Pelosi is confident her bill will win.

- The Politico squad is forecasting a stormy August, with a high chance of health care debate.

- David Leonhardt has a must-read asking how doctors can be best compensated.

- So does Ezra Klein on the tortured politics of health care.

- Krugman beats back those who see free markets as the only fix for health care.

- The U.S. government is on its way to owning a third of Citigroup.

- Our stupid immigration system is scaring away many of the most qualified people in our economy.

- Secretaries Clinton and Geithner co-author an op-ed describing a new approach to China.

- The Times Mag has a long profile of Valerie Jarrett.

Do you, dear reader, have any thoughts on this new format?  Is it better? Worse? Easier to read? Harder?  An essential part of your morning?  Totally useless? I'd greatly appreciate any feedback. Thanks!

- And last, President Obama speaking on the new approach to China: