Baucus Bill Passes CBO Test [View All]

Source: Political Wire

Despite intense criticisms from both Republicans and Democrats, the Congressional Budget Office has released its preliminary score of the health care bill introduced today by Senate Finance Committee Chairman Max Baucus (D-MT) and finds it covers 94% of legal residents and reduces the deficit.

Importantly, the bill also reduces the budget deficit in future years.

Ezra Klein: "This good score is the product of the Finance Committee's sources of funding, not the relative stinginess of its subsidies. The Finance Committee could make the bill more generous, raise a bit more in revenues and still keep it deficit-improving over the next two decades. And it should."

Read more: http://politicalwire.com/archives/2009/09/16/baucus_bill_passes_cbo_test.html