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CBO offers new estimate for #HCR – $875B Reduce Budget Deficit By $118 Billion #p2 #tcot

March 11, 2010 By Egberto Willies

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CBO offers new estimate for Senate healthcare bill: $875B

By Jordan Fabian – 03/11/10 10:28 AM ET

The Congressional Budget Office released a new estimate of the Senate’s healthcare bill that showed it would save less money.

The new estimate released Thursday states that the Senate bill will now cost $875 billion over 10 years and reduce the deficit by $118 billion, $14 billion less than the previous CBO score.

The figure is sure to play into the healthcare debate as House leaders whip their members to support the Senate bill. But what lawmakers are really waiting for from CBO is its score of President Barack Obama’s proposed fixes to healthcare legislation.

The non-partisan CBO originally estimated that the Senate’s healthcare bill would cost $871 billion over a 10 year period.

CBO offers new estimate for Senate healthcare bill: $875B – The Hill’s Blog Briefing Room

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About Egberto Willies

Egberto Willies is a political activist, author, political blogger, radio show host, business owner, software developer, web designer, and mechanical engineer in Kingwood, TX. He is an ardent Liberal that believes tolerance is essential. His favorite phrase is “political involvement should be a requirement for citizenship”. Willies is currently a contributing editor to DailyKos, OpEdNews, and several other Progressive sites. He was a frequent contributor to HuffPost Live. He won the 2nd CNN iReport Spirit Award and was the Pundit of the Week.

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