This is the Cato Daily Podcast for Friday, July 24th, 2009.

I'm Caleb Brown.

Casting the debate as being between his proposed health care reform and the status quo.

President Obama is watching the clock wind down on his opportunity to reshape the

health care sector in favor of greater government involvement.

The U.S. Senate has opted not to vote on the measure until September.

Cato Institute Senior Fellow Mike Tanner says,

What's the rush?

From the real politic perspective, what are the concerns of the Obama administration going

into August for health care reform?

Well I think the Obama administration recognizes that with each passing day the

amount of political capital that he has begins to

seep away. This is a normal process with any president, but certainly within a

president who has undertaken such ambitious projects early in this presidency

as President Obama has, this accelerates.

We are beginning to see, especially on health care reform, that the polls are beginning to shift.

Recent Gallup poll now shows that a majority more people disapprove of the

president's handling of health care than approve.

This is only going to get worse in the coming weeks,

especially as the American people begin to see exactly what is in these health care bills.

As of all people, as Re Klein has pointed out,

if you ask most Americans what they think,

...