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Update on CBO: More numbers from a second Dem source:

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:01 AM
Original message
Update on CBO: More numbers from a second Dem source:
http://theplumline.whorunsgov.com/health-care/cbo-score-bill-costs-940-billion-cuts-deficit-by-130-billion/

CBO Score: Bill Costs $940 Billion; Cuts Deficit By $130 Billion

The CBO score has landed!

The score finds that the fixed Senate bill will cost $940 billion over the next 10 years, a senior Democratic aide confirms.

It will cut the deficit by $130 billion in that time, the aide adds.

Ezra Klein notes that this means “more deficit reduction than either the House or Senate bill, and more coverage than the Senate bill.”

Bottom line: House Dems have no more excuses for indecision. Now we find out how — or whether — the House Dems who have said their vote all hinges on the score will factor it into their decision. More soon.

Update: More numbers from a second Dem source:

* It cuts the deficit by $1.2 trillion in the second ten years.

* It reduces annual growth in Medicare expenditures by 1.4 percentage points per year.

* Expands coverage to 32 million Americans.

A third Dem source exults that this is the “biggest deficit reduction measure in 25 years, since the 1993 Clinton budget.”
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tallahasseedem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:03 AM
Response to Original message
1. Alright...
let's get this thing done! :D
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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:03 AM
Response to Original message
2. David Shuster is reporting they are only 5 votes short of the required 216-before the CBO score!
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:04 AM
Response to Reply #2
5. Now it's in the bag, I'm hoping. Fingers crossed!!! nt
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:06 AM
Response to Reply #2
8. You know the score is going to move some undecideds over.
Last night some idiot on Faux said they were 12 or more short. Not that any Dems sources would tell them anything accurate anyway...
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tallahasseedem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:08 AM
Response to Reply #8
9. That's what I was thinking as well!
Seriously, why would Nancy give out the actual short numbers? Me thinks there it's something else...
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:15 AM
Response to Reply #9
10. I think she knows this will give her the votes now.
I feel way better this morning then last night. But I will be on edge till this thing passes. Ugg.
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Dawgs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:32 AM
Response to Reply #2
15. I thought it was four.
:hi:
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:03 AM
Response to Original message
3. thanks for the added info re: Medicare...
... I was looking for that.
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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:04 AM
Response to Original message
4. This bill keeps looking better and better
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vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:31 AM
Response to Reply #4
14. That's what I'm seeing. n/t
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Spazito Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:05 AM
Response to Original message
6. Excellent, excellent news!
Thanks for posting this, it is much appreciated.

Recommended.
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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:05 AM
Response to Original message
7. It would have been nice if they could have started in 2013 like the House bill
Any word on that?
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liberalpragmatist Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 11:41 AM
Response to Reply #7
21. That sounds like something you can do later
Just pass it now, and it'll be pretty easy to implement it more quickly in subsequent years, just through regular appropriations bills.
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:17 AM
Response to Original message
11. Of course the media narrative is going to be the $940 billion cost
Not the $130-1200 billion cut from the deficit.
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Tippy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:18 AM
Response to Original message
12. Just called my Congressman this is what he has been waiting for....
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vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:21 AM
Response to Original message
13. Wow..so medicare expenditures decrease by 35% in 25 years...WOW!!
I love this bill!! Wow...Imagine if there was a PO...okay now we're just waiting on Grayson to get that organized and we're sorted. Well not 100% but a great deal. Wow.
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Lochloosa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:51 AM
Response to Reply #13
16. Wouldn't you love to see the PO scored?
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vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 11:17 AM
Response to Reply #16
18. I would...but I'm waiting for Grayson's plan to pick some more steam and there might be a chance.
It's a great compliment to the HCR.
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 11:26 AM
Response to Reply #13
20. Question is do health costs decrease or is that less covered by the government
And more out of pocket or less benefits.
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vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 12:21 PM
Response to Reply #20
23. From what we've seen it's a decrease in health costs.
I believe it was Adam Smith a Dem from Washington who said that medicare donut hole is covered and this has been stated before on some of the outlines on this board, which is helping with decreasing costs for seniors and also because it helps with a push for generic drugs for seniors to bring down costs overall. Nothing about less benefits. Further more I believe that was stated that there is no less benefits for medicare recipients. And the last thing is the amount of regulation to lessen fraud in medicare which there are tons of....something else that was outlined earlier. So I'm a bit weirded by your question since this has already been stated---I'm speaking about the surprise about the lessening of costs cause medicare is a mess. This is a good thing.
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 09:55 AM
Response to Original message
17. I bet taxpayers and employers will save that is not reflected in cutting the deficit.
Are there any projected cost reductions to employees and employers when this takes place?

It would be great if it was out there more.
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denimgirly Donating Member (929 posts) Send PM | Profile | Ignore Thu Mar-18-10 11:21 AM
Response to Original message
19. Can u imagine what the Single Payer CBO Score would be -- Deficit: Gone!
Edited on Thu Mar-18-10 11:22 AM by denimgirly
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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-10 12:14 PM
Response to Reply #19
22. It would save the nation at least $400 billion *a year*
But as far as deficit, it would have to be paid for in full with a payroll tax for reduction
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