The procedure, purportedly, is for:
a. The House to pass the Senate bill.
b. The House to then pass some form of Obama's "new" bill.
c. The Senate to then pass the House version of Obama's "new" bill, abusing the reconciliation process as necessary.
However, it's worth noting that if the first step of the process is completed, they have their friggin' healthcare bill!
Even if the House is unable to muster a majority for "Obama's Bill"...or the Senate cannot bring itself to consumate "reconciliation"...the Senate bill can now be signed into law!
Accordingly, the primary battleground is now in the House. And it involves their vote on the Senate bill.
If the House actually passes the Senate bill -- the battle is over!
>> If the House actually passes the Senate bill — the battle is over! <<
I don’t think so, because the U. S. Constitution says very clearly that all revenue bills must originate in the House.