The complaint was constantly pressured to reform health care was the price. But the Congressional Budget Office calculated the Baucus bill would only cost $ 774 billion over 10 years, more than $ 100 billion less than what was estimated Baucus.
Not only that, but the CBO considered the bill would be fully funded by its cost savings and proposed new taxes on the health industry. In fact, they said it would save the government money over time, reducing the federal deficit by $ 49 billion in 2019.
However, if no Password reform , the CBO warned, the year 2019 would be see the 46 million people who are currently without health insurance are growing at 54 million. Here, the draft law Baucus got points again to be able to reduce this number by half.
The bill has no public option, but what a lot of people upset. As we blogged there about a month, at least 60 MPs in the house espoused opposition to any bill that did not offer an option government-sponsored ...
From what we can Bill is doing well so far. The Democratic leadership, the White House and even the blue dogs have rallied behind him. As the 5-hour deadline for amendments to the Finance Committee passes, we are most intrigued to see what they reveal about who is actually planning to spend the health care legislation this year, although sure, how they propose to do.
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