TPM: Source tell Ezra Klein CBO score says bill cuts deficit by $130 billion, $1.2 trillion

[flpoljunkie]

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.
8 minutes ago via web

ezraklein

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

[CherokeeDem]

1. Well....

let's see how the Republican's spin this one.

[Zynx]

2. They'll just list the costs, not the deficit savings.

They'll call it a trillion dollar bill and not mention the fact that next decade it saves more than a trillion dollars.

[bigdarryl]

7. Fox noise is already doing just that there only reporting in a negitive light

900 billion over ten years nothing about how it saves money on the deficit.

[flpoljunkie]

3. TPM says CNN reporting same numbers

Report: CBO Says Bill Costs $940 Billion First Decade, Cuts Deficit By $130 Billion

11 MINUTES AGO

A source tells Ezra Klein that the CBO score says the health care package will cost $940 billion in the first 10 years. In that first decade, it will reduce the deficit by $130 billion. In the second decade, it will cut it by $1.2 trillion. CNN is reporting the same numbers.

http://www.talkingpointsmemo.com/live/countdown-to-reform-wire/#324920?ref=fpbrk

[Clio the Leo]

4. And so is Jeff Young....

http://twitter.com/JeffreyYoung_HC/status/10670795145

FINALLY!!! Now .. let's READ THIS THING!!!!

[flpoljunkie]

5. CNN's report on the CBO numbers

March 18th, 2010
09:21 AM ET

Source: CBO estimates health care bill at $940 billion

The non-partisan Congressional Budget Office estimates that the Democrats' revised health care bill will cost $940 billion over the next 10 years, a House Democratic source told CNN Thursday.

The bill cuts the deficit by $130 billion during that period of time, according to the source.

http://news.blogs.cnn.com/2010/03/18/source-cbo-estimates-health-care-bill-at-940-billion/

[Zynx]

6. Leave it to them to list the cost first and not the deficit savings.

[flpoljunkie]

9. It is good news the CBO says reconciliation healthcare bill will cost $940 billion over 10 years.

[Zynx]

19. The deficit savings is the relevant number.

[Clio the Leo]

8. ANOTHER 1 million people covered!!!!!

:bounce:

And, in a small, but significant improvement over the Senate bill, the combined package will expand health insurance coverage to 32 million Americans, as opposed to the Senate bill's 31 million.

The one big difference? The bill's about $100 billion more expensive than its predecessor. The price tag is fully covered, but will cost $940 billion over a decade. That's likely a reflection of changes to the bill, such as enhanced subsidies and closing the Medicare Part D donut hole. But it does exceed President Obama's arbitrary ceiling of $900 billion, which he issued back in September.

http://tpmdc.talkingpointsmemo.com/2010/03/dem-source-cbo-says-health-bill-cuts-deficit-costs-940-billion.php

You know what THAT means? It means the RIGHT half of the Democratic party CEDED something to the LEFT HALF!!! YAY!!!!!

[flpoljunkie]

10. That's great new, Clio! That, and Medicare's solvency increased by at least 9 years.

(That's two more years than before!)

According to the source, CBO finds that the bill reduces annual growth in Medicare expenditures by 1.4 percentage points per year, extending Medicare's solvency by at least 9 years.

http://tpmdc.talkingpointsmemo.com/2010/03/dem-source-cbo-says-health-bill-cuts-deficit-costs-940-billion.php

[Jennicut]

17. That is great news. This is the way I want to start the morning.

[LiberalFighter]

11. How much will the insured save?

How much will employers save?

How much more money will be available to put into the economy due to those savings?

[Clio the Leo]

12. "and Medicare solvency extension are the highlights for Dems...."

http://twitter.com/marcambinder/status/10671274257

[Clio the Leo]

13. "Congressional Dems were NOT happy about Obama's $900 billion ceiling. ...."

Congressional Dems were NOT happy about Obama's $900 billion ceiling. Threw a wrench into a LOT of plans, particularly in the House.

http://twitter.com/brianbeutler/status/10671558560

Ah.... the truth comes out....

(I'm starting to feel that righteous wind blowing again!!!! Here we go!!!)

[Clio the Leo]

14. "the new healthcare bill would reduce the deficit the most of any proposal"

http://twitter.com/HariDNC/status/10671590578

[Clio the Leo]

15. ha ha! In full PANIC mode, the GOP RUSHES to the mics....

I'm not going to type what McConnell is saying because it's BS anyway.

[Clio the Leo]

16. all the GOP leadership from Congress AND Scott Brown...

.... I guess Brown is the Chairman of the "Awesome Committee"?

[dave29]

18. that's awesome news, I did not know we had an awesome committee

I hope they get that bridge to Awesomeness built soon

hehe