|
CBO: Senate Health Care Bill Would Cut Deficit
The Congressional Budget Office says the Senate version of a sweeping health care reform measure would cut the federal deficit.
|
|
WASHINGTON (March 11, 2010)—The Congressional Budget Office says U.S. Senate legislation that's now the foundation for President Barack Obama's health care reform plan would trim the federal deficit by $118 billion over 10 years.
The CBO says the $875 billion, 10-year plan would provide coverage to 31 million people who would otherwise be uninsured and it says the cost would be more than offset in savings from changes in Medicare and other programs.
Mr. Obama's plan would build on the legislation passed by the Senate on Christmas Eve, by expanding subsidies for health insurance premiums, closing the Medicare prescription coverage gap, and making scores of other changes.
No estimates are yet available for Mr. Obama's latest proposal, but
Democratic leaders want to keep the 10-year cost at around $950 billion.
Latest Comments
and who believes this? anyone? just another subsidy program for the parasitic non liability voter to steal from the tax payer. how about them dems saying that abortion should be funded so there will be less people to siphon off of the system? look your sweet children in the eye and just think how your government would rather them not have been born because they are too "expensive". and you think they won't ration care? what a bunch of cowardly, sick, twisted, depraved people we have running our country.Pure, unmitigated evil.
