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CBO's Latest Projections Out. Reason for Relief? And Concern?
The New Republic blogs —
... expanding/improving insurance coverage--ideally, by raising a little more money in taxes and/or offsetting savings. Remember, the difference between covering people at the level of the Senate Finance bill and covering something close to all legal residents* is maybe $150 billion over ten years. That's not a lot of money in the grand scheme of things. More analysis to come, probably tomorrow... *As always, I'd much prefer to cover all residents, including those here illegally. Update: Wonk Room has a nice comparison chart of the scores before and after the amendments. ...
Baucus bill would reduce deficit by $81 billion over the next decade.
Think Progress —
... . The bill, sponsored by Chairman Max Baucus (D-MT), will not expand the deficit; instead, it is projected to reduce it by $81 billion over the next decade. “Health reform should be fiscally responsible as it expands and improves coverage and these numbers reiterate that real reform can be just that,” Baucus said in a statement. The Wonk Room’s Igor Volsky has produced a helpful chart breaking down the costs of the Baucus bill before and after it was amended: ...
CBO Score of Finance Health Care Bill
Matthew Yglesias —
... It’s almost midnight here in Copenhagen and I’ve been a bit detached from the latest health care news, but the CBO came out with a score of the latest iteration of the Finance Committee health care bill and Igor Volsky made the following helpful summary table of what it says: ...
Comparing the Finance Bills
Ezra Klein —
... Igor Volsky has a fantastic chart comparing the CBO estimate of Max Baucus's first draft and of the amended bill. The takeaway is that the final bill spends slightly less on subsidies, does somewhat more to reduce the deficit and costs a bit more overall. In other words, for all of Baucus's vaunted centrism, the bill got more, rather than less, conservative as it made its way through his committee. ...
Baucuscare: Score!
Megan McArdle —
So, the CBO report is out, and my estimate of the contents is totally wrong. WonkRoom has a pretty good summary: ...
CBO Score for SFC Draft In
Daily Kos —
... The Wonk Room has more on where savings were found between the previously scored Baucus bill, pre-markup, and the bill as it stands now. ...
Hardly A Big Change For A Government Take Over of Health Care
Liberal Values —
... The key finding in the Congressional Budget Office report is that this would reduce the deficit by $81 billion over the next decade. While reducing the deficit is a good thing (most recently only seen under a Democratic president), I hope we don’t place this over doing health care reform right. Eliminating wasteful government spending (like the subsidies given by George Bush to the insurance companies in ...
The Early Word: Keeping Score on Health Bills
The Caucus —
... that it would actually reduce federal deficits by $81 billion in the next decade. The Center for American Progress’s Wonk Room has posted this comparison of the Senate bill before and after the amendments. Meanwhile, rumblings on Capitol Hill that Republican senators might make concessions — some even supporting a government run plan — as lawmakers merge the health and finance committee bills or during conference with the House, are ...
Opt-Out Of Spite
Open Left - Front Page —
... pronounced it DOA. 24% of the funding for the Baucus bill comes from taxing high-cost insurance plans, even though such a proposal apparently has less than 100 total votes in the House. Single-payer has more votes in the House than the Baucus plan to tax high-cost insurance policies. ...
Healthcare Fantasyland
Open Left - Front Page —
... to Nancy Pelosi saying that they opposed a tax on high-cost health insurance plans. This renders such a tax dead on arrival, as it is opposed by more than 75% of the entire House of Representatives. Such a plan happens to be $201 billion of the $829 billion in funding for the Finance Committee bill, or 24% of all its funding. ...
Fred Hiatt employs fuzzy math to claim House health bill would bring ‘America a step closer to bankruptcy.’
Think Progress —
... ” and harm “the poor and vulnerable.” But since the CBO’s analysis of the House health care bill doesn’t support Hiatt’s contention that it would bring America to the brink of bankruptcy, Hiatt relies on the CBO’s analysis of the President’s entire budget and implies that it’s Obama’s health “plan”: ...
