According to House Speaker Nancy Pelosi, the White House will release a new health-care bill on Wednesday that will be “much smaller” than either the House or Senate versions, according to news reports.

The White House said that the new proposal will “borrow” ideas from last Thursday’s health-care summit and will be designed to garner bipartisan support.

A senior administration official told Fox Obama’s proposal will be introduced Wednesday.

“In a matter of days, we will have a proposal,” Pelosi said, pointing to Obama’s forthcoming bill. “It will be a much smaller proposal than we had in the House bill, because that’s where we can gain consensus. But it will be big enough to put us on a path of affordable, quality health care for all Americans that holds insurance companies accountable.”
Melody Barnes, a top Obama domestic policy adviser, did not dispute Pelosi’s characterization of the new plan as smaller in scope – and quite possibly in cost – than either the House or Senate health care bills.
“It’s going to be matter of drawing on these different ideas and coming up with the right proposal,” Barnes said in an exclusive interview with Fox. “That’s what my colleagues are working on. That’s what they’re talking with Congress about. We’ll see what it looks like when the proposal is sent forward.”
Asked how White House staff is putting the new proposal together, Barnes said they are “borrowing” from conversations at Thursday’s health care summit.
“We’re going to be borrowing from those conversations…to come up with a bill that we hope can receive bipartisan support,” Barnes said.

The White House indicated that two GOP ideas — malpractice reform and insurance purchasing across state lines — would be worked into the new proposal.