CBO: Final health bill cuts deficit by $130 billion

[dtotire]

CBO: Final health bill cuts deficit by $130 billion

The score -- which also puts the cost of the bill at $940 billion -- means the House could vote as early as Sunday
By Alex Koppelman

After a fair amount of delay -- caused by Democrats jiggering and re-jiggering the bill's language to get the best numbers -- the Congressional Budget Office's score of the final healthcare reform package was released Thursday morning.

According to the CBO, the bill will cost $940 billion over the first decade, more than either the original Senate or House bill did. But it will also reduce the deficit more than either of those proposals did -- $130 billion over the first ten years, and $1.2 trillion in the decade after that.

With the score finally out, the clock starts ticking to a vote in the House. That could now come as early as Sunday.


http://www.salon.com/news/healthcare_reform/index.html?story=/politics/war_room/2010/03/18/cbo

[dixiegrrrrl]

1. Almost makes up for that 2.2 billion MORE we just gave AIG .

AIG drew $2.2 billion more from a Treasury Department facility to bolster property-casualty units that will be the core of a scaled-back company.
http://www.bloomberg.com/apps/news?pid=20601203&sid=aIlizr.NOkKY

[nightrain]

2. gosh who would have guessed that the purpose of health CARE

was to reduce a deficit! can't say much for its care benefits then...

what wd cut the deficit is the military spending, guns or butter?

[eppur_se_muova]

3. Net recommendation: 0 votes (Your vote: +1)

Someone is unreccing THIS??

[JohnWxy]

4. cost is one half the Bush tax cuts 50% of which went to those in top 10% income bracket..

http://voices.washingtonpost.com/ezra-klein/2010/02/facts_and_figures.html">Ezra Klein - Feb 26, 2010


"This morning, Lamar Alexander said that reconciliation has never been used for anything as big as health-care reform. Health-care reform has a 10-year cost of about $950 billion. The Bush tax cuts, which passed through reconciliation, had a 10-year cost of about $1.8 trillion. Lamar Alexander voted for them."