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Politics : The Obama - Clinton Disaster
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From: Kenneth E. Phillipps10/7/2009 7:00:27 PM
1 Recommendation  Read Replies (3) of 103300
 
CBO: Baucus Bill Would Reduce Deficit
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The Congressional Budget Office said today that Senate Finance Committee Chairman Max Baucus's (D-Mont.) health care bill would cost $829 billion and reduce the federal government's annual deficit by $81 billion during the years 2010 to 2019. By 2015, 94 percent of Americans would have health insurance, according to CBO's preliminary analysis (large .pdf).

The CBO score appears to be the "clean bill of health" Baucus had been hoping for, and the Finance Committee could vote on the plan as early as tomorrow. Should the committee pass the bill, a conference will gather to mesh the plan with the one passed in July by the HELP Committee.

The report also indicated that states would take on an additional $33 billion in Medicaid costs from 2010-2019, something that governors around the country are worried about
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