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