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Politics : American Presidential Politics and foreign affairs
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To: DuckTapeSunroof who wrote (38829)11/20/2009 6:44:22 PM
From: longnshort  Read Replies (1) of 71588
 
CBO Director Douglas Elmendorf has said previously that type of arrangement would be one of the most potent weapons Congress would have to restrain the growth of Medicare, a fast-expanding program supported in part by a trust fund that is dwindling.

But CBO also cautioned the bill includes "a number of procedures that might be difficult to maintain over a long period of time."

The Democrats' cost estimates of slightly below $1 trillion was considerably smaller than a House-passed bill's price tag of between $1.2 trillion to $1.3 trillion.

In part to reduce costs, the legislation would delay until Jan. 1, 2014, creation of so-called insurance exchanges in which individuals and small businesses could shop for affordable coverage. The House would set up its version of the exchange one year earlier.
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