All Options Except
They are discussing the House passing an unchanged Senate bill so that there is no more voting in the Senate. They are discussing ways to eliminate the filibuster so that it can't be used. The Nuclear Option of passing all changes as "budget reconciliations" has been brought up.
So what option aren't they talking about? The one that Candidate Barack Obama promised, working with both sides to come up with workable legislation.
You would think that when your landmark legislation becomes the centerpiece of an election battle in a state where your party's registered voters outnumber the opposition 3-1 and you lose, that maybe that would be a sign. Well, you would unless you are a Democratic leader in either chamber in DC. In that case you put your head in the sand, and pretend that something else is the reason you got beaten.
Now, if the Democrats really want to hold their majorities come November, what they might want to do is start doing what their leader campaigned on. Hell, what they claimed would happen in 2006. Start working across the isle. If they decide that instead of doing what is becoming glaringly obvious as the will of the people, and ramrod their bill through with some hocus pocus sleight of hand they will pay with more than one seat come November.