18 July 2009

Digby: Friday Night News Dump

Not that it matters, since the showboating Senators had to have a dramatic hearing with the CBO chief before the committees were finished and the resultant headlines have been disseminated as if they came down from Mt Sinai, but this was released last night by the From the House Energy, Ways and Means and Education and Labor committees

For Immediate Release:

July 17, 2009

CBO Scores Confirms Deficit Neutrality of Health Reform Bill

Washington, D.C. -- The Congressional Budget Office (CBO) released estimates this evening confirming for the first time that H.R. 3200, America’s Affordable Health Choices Act, is deficit neutral over the 10-year budget window – and even produces a $6 billion surplus. CBO estimated more than $550 billion in gross Medicare and Medicaid savings. More importantly, the bill includes a comprehensive array of delivery reforms to set the stage for lowering the future growth in health care costs.

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