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The Great Reconciliation Bill Release/CBO Score Announcement Watch Thread!

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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:03 AM
Original message
The Great Reconciliation Bill Release/CBO Score Announcement Watch Thread!
Edited on Thu Mar-18-10 08:06 AM by Clio the Leo
As of 9am Thursday, we still have NO public release of the fix package and NO CBO score.

Why this is important....

In order for this to work, a reconciliation bill must REDUCE the cost of the original bill by at least $1.

It is presumed that many of the undecideds are waiting for a score to declare their support...

Pelosi: CBO score will be 'helpful' in winning votes

Speaker Nancy Pelosi thinks the estimates from the Congressional Budget Office will be a powerful tool in her bid to win over wavering Democrats.

“We need those figures, and that I think is going to be very helpful,” she said Wednesday night as she walked to her office. “But we’re feeling pretty good about it.”
http://www.politico.com/livepulse/0310/Speaker_CBO_score_will_votes.html?showall



Under the Dems self-imposed rule, they must wait 72 hours after a bill is publicly released to vote on it. This means (if they hold to the rule; there would be a lot of blow-back if they didn't) the EARLIEST the vote could happen would be 9am Sunday. Robert Gibbs said earlier in the week that "Air Force 1 is wheels up for Asia at 10am Sunday!"

We were hoping for a scoring Tuesday evening. That came and went. Then Wednesday was to be the day and yesterday has now come and gone. And here we are....

No CBO score released Wednesday; Saturday health care vote unlikely
By Jared Allen and Molly K. Hooper - 03/17/10 08:02 PM ET

House Democratic leaders on Wednesday night said the long-awaited Congressional Budget Office score of the reconciliation bill will not come out until Thursday, forcing an acknowledgment that a Saturday health care vote is likely off the table.

But leaders are still hoping for a score on Thursday, and are still preparing for a possible vote before the end of the weekend.

The release of a CBO score on Thursday – triggering the Democrats' 72-hour clock – would mean that voting on the reconciliation bill would “most likely happen on Sunday, if that scenario plays out,” Assistant to the Speaker Chris Van Hollen (D-Md.) told reporters after leaving Speaker Nancy Pelosi’s (D-Calif.) office Wednesday night.
Rep. Robert Andrews (D-N.J.), leaving that same meeting, said that the delay is the result of numerous technical issues involved, and stressed that, despite any rumors to the contrary, the delays are not the result of policy problems.

“My understanding is this has been much more technical than substantive,” Andrews said. “It’s not like what tax has to go or what spending has to go.”

Andrews did say, though, that the CBO is also taking extra time to protect the legislation from invariable legal challenges to the reconciliation process, if not the eventual law itself.

“The reason it’s taking so long, in part, is that we want to be sure that we have a score that’s solid as a rock for procedural purposes and potentially litigation purposes down the road,” Andrews said. “We all assume that the same forces that fought this so vociferously in the Congress will fight it in the courts, and we want to be prepared for that.”

http://thehill.com/homenews/house/87517-no-cbo-score-wednesday-saturday-healthcare-vote-unlikely


But he also said...

Rep. Rob Andrews (D., N.J.) told reporters earlier that the delay with the cost estimate was the result of "technical issues," stemming largely from merging health-care legislation with student-loan legislation.

"The student loan part has complicated everything," Andrews said. "This is a process where one little thing affects everything else...that's been the principal culprit."

http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201003172007dowjonesdjonline000729&title=us-rep-van-hollenhealth-care-vote-likely-to-be-delayed


The reason there's a student loan overhaul package in the recon. bill is that the recon bill doesn't HAVE to be related only to health care, it just has to be budget related. They're pairing a student loan overhaul with it to try to gain more support for the overall package. This is a common practice. More on that here..
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/03/16/EDKM1CGOU3.DTL


And so here we are, twiddling our thumbs with the latest news is that the bill is expected "closer to brunch- than to breakfast-time," today ( http://twitter.com/brianbeutler/status/10668205511 )

And the wait continues...

http://www.youtube.com/watch?v=ItLzdZV004s">ONE MORE TIME TOM!!!!
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bigdarryl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:05 AM
Response to Original message
1. And what the fuck does student loans have to do with health care
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:07 AM
Response to Reply #1
2. Read the OP. NT
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POAS Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:22 AM
Response to Reply #2
6. In the OP one can find this:
The reason there's a student loan overhaul package in the recon. bill is that the recon bill doesn't HAVE to be related only to health care, it just has to be budget related


The most prominent example I can think of is COBRA (Consolidated Omnibus Budget Reconciliation Act) but which we now mostly associate with the insurance provisions it contained.

Among the other provisions of that bill were tobacco price supports, ERISA changes, railroads and the post office.

Not criticizing, just expanding on your point!

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pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:08 AM
Response to Reply #1
3. This is a reconciliation bill, not a health care bill or a student loan bill.
They could put anything in it that reduced the budget deficit. As it happens, the student loan changes will save money and are popular among Democrats, so it might influence a few extra votes.
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:10 AM
Response to Reply #3
4. Got any thoughts on why the student loan part is mucking up things?
Do we think it's not Byrd-rule safe?
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POAS Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:23 AM
Response to Reply #4
7. I think it just mucks up the math
for the CBO.
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pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 10:26 AM
Response to Reply #4
18. Not really, unless that it just adds to the time involved to make
the calculations. I haven't heard anything about the Byrd rule with respect to this.
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:15 AM
Response to Original message
5. "CBO score says bill cuts deficit by $130 bill in first 10years..."
We may not be waiting much longer!!!! (I knew if I made an OP about the delay we'd get the score! lol)

Dem source: CBO score says bill cuts deficit by $130 bill in first 10, $1.2 trill in second 10. Costs $940 billion in first decade.

http://twitter.com/ezraklein/status/10670249772


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POAS Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:24 AM
Response to Reply #5
8. I had no idea you were so influential!
:evilgrin:
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:27 AM
Response to Reply #8
9. Dont mess with me!
I can move or hault the US Congress at WILL!!!!

:)
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POAS Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:54 AM
Response to Reply #9
11. Can you have any influence on the lottery? If so--
remember your friends :pals:
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:01 AM
Response to Reply #11
12. sadly, no NT
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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 08:46 AM
Response to Original message
10. Rep Andrews comments are very informative
One additional comment

I wonder if adding the school loan provision was done because it would seem to have the potential to get some savings. It saves money and while it increases Pell grants, it could easily have been written to either be deficit neutral or a gain by tweeking how much went to more loans.
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:02 AM
Response to Reply #10
13. good question. NT
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:02 AM
Response to Original message
14. Bill will be released at noon. NT
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POAS Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:05 AM
Response to Reply #14
15. POAS on pins and needles......n/t
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:08 AM
Response to Original message
16. House Dems are caucusing now....
http://twitter.com/brianbeutler/status/10672448669

(lol, and I'm saying a little prayer)
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cry baby Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 10:02 AM
Response to Original message
17. kick for any news...
wringing hands waiting for bill release.
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 10:28 AM
Response to Original message
19. K&R. Lookin' good! n/t
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 10:39 AM
Response to Original message
20. Dems have a presser scheduled for 12:15pm .....
.... I'll post a link if I can find one.
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