Following the announcement from the White House that they were crafting their own health care bill (to memorialize the deals that they negotiated with Baucus and stakeholders), it looks like Baucus has decided he wants to write the bill after all:

Senate Finance Committee Chairman Max Baucus could lay out a health care reform plan as early as Saturday, the Montana senator told his colleagues on a Friday afternoon conference call.

Baucus (D-Mont.) told the bipartisan group of Senate negotiators that has been working for months to craft a compromise that he will be releasing a plan soon, according to sources familiar with the call.

By producing a plan – one source characterized it as an “offer”– Baucus is signaling to his fellow committee members that the end game is near and they need to gauge whether they can support a bipartisan compromise.

The bill being written by the White House and Olympia Snowe accommodates Rahm Emanuel’s long-term passion for triggers.  With PhRMA tapping her foot in the corner and threatening to go back to her old boyfriend John Boehner (he really does love her, he just doesn’t know how to show it) time is of the essence.