Thursday, March 18, 2010

CBO: Reconciliation HC bill, like Senate predecessor, cuts deficit

Look, this bill is by no means what liberals wanted, but the CBO says it will cut the deficit and cover more than 30 million Americans. That can't be all bad.

This is pretty consistent with the CBO and Joint Committe on Taxation's estimation in December 2009 of the Senate bill that was passed, before the House reconciliation added some provisions. The CBO-JCT estimated that from 2010-2019 the bill would yield a net reduction of federal deficits of $119 billion.

Of course you're free to disregard all that at your discretion, if you hate Big Guvmint and all, but then, you're not really acting based upon reason, but upon your irrational fears and prejudices. The "great" thing about America is that you're free to do that. Just please do us all a favor and do it in Idaho, Montana, or some other unpopulated podunk that doesn't matter.


Dem Source: CBO Says Health Bill Cuts Deficit, Costs $940 Billion
By Brian Beutler
March 18, 2010 | TPM

URL: http://tpmdc.talkingpointsmemo.com/2010/03/dem-source-cbo-says-health-bill-cuts-deficit-costs-940-billion.php

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