If Obamacare were a centipede, it’d still be on its last leg. But will that stop Nancy Pelosi?

A well-informed source tells The Mouth Nancy Pelosi is set to announce the House will got the reconciliation route on health care reform.
Of course, that means using a budgetary procedure that requires a simple majority to pass.
It’s still unclear to us precisely what that means would be passed, but possibilities would be creating a national health care exchange and expanding Medicare or Medicaid coverage.
Democrats are caucusing now, so stay tuned.
Update: A second source confirms that Pelosi is presenting a reconciliation plan to the caucus, and making sure they go with something that can actually pass.
Separately, she is meeting with Harry Reid today.

As AmSpec’s Philip Klein Tweets, this item came out before Pelosi’s post-caucus press conference, at which she made clear she doesn’t currently have the votes to pass the Senate bill as is.