The American Spectator : AmSpecBlog : CBO Says Baucus Bill Will Reduce Deficit by $81 Billion

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CBO Says Baucus Bill Will Reduce Deficit by $81 Billion

By Philip Klein on 10.7.09 @ 4:25PM

The Congressional Budget Office has estimated that the Finance Committee's health care legislation would reduce the federal deficit by $81 billion over 10 years.

The CBO said the bill's cost of $829 billion would be financed by taxes and savings, and that it would cover 29 million uninsured.

Will have more, but the bottom line is that this is good news for the Democrats because they now have a bill that they can point to that, according to the official scorekeeper, is deficit neutral and costs under $900 billion. The question is what happens when this gets merged with the more liberal and costly Senate Health, Education, Labor and Pensions Committee bill.

Comments

Pingback| 10.7.09 @ 4:37PM

Twitter Trackbacks for The American Spectator : AmSpecBlog : CBO Says Baucus Bill Wi links to this page. Here’s an excerpt:

…Philip Klein amspec American Spectator 112 Show more Shortened Links Linking to the spectator.org page http://bit.ly/1RSp3E info 2 tweets Tweet The American Spectator : AmSpecBlog : CBO Says Baucus Bill Will Reduce Deficit by $81 Billion spectator.org/blog/2009/10/07/cbo-says-baucus-bill-will-redu – view page – cached The Congressional Budget Office has estimated that the Finance…

Pingback| 10.7.09 @ 4:57PM

Michelle Malkin » The government health care takeover tab: $829 billion/10 years…for links to this page. Here’s an excerpt:

…$107 billion – eight times the government estimate. Note: The CBO score is preliminary — “because the bill ‘has not yet been embodied in legislative language.’” Philip Klein at the American Spectator blog adds: “…this is good news for the Democrats because they now have a bill that they can point to that, according to the official scorekeeper, is deficit…

Pingback| 10.7.09 @ 5:05PM

Baucus Bill would reduce Fed. Deficit - US Message Board - Political Discussion Foru links to this page. Here’s an excerpt:

…#6882 Join Date: Oct 2007 Location: Virginia Posts: 1,721 Thanks: 0 Thanked 38 Times in 28 Posts Rep Power: 24 Baucus Bill would reduce Fed. Deficit The American Spectator : AmSpecBlog : CBO Says Baucus Bill Will Reduce Deficit by $81 Billion Now, I am sure there are other reasons to vote "NO!" on reform. Let the whining begin! __________________ Why do people gravitate to extremes? What…

Pingback| 10.7.09 @ 5:07PM

Baucus Bill would reduce Fed. Deficit - US Message Board - Political Discussion Foru links to this page. Here’s an excerpt:

…#6882 Join Date: Oct 2007 Location: Virginia Posts: 1,721 Thanks: 0 Thanked 38 Times in 28 Posts Rep Power: 24 Baucus Bill would reduce Fed. Deficit The American Spectator : AmSpecBlog : CBO Says Baucus Bill Will Reduce Deficit by $81 Billion Now, I am sure there are other reasons to vote "NO!" on reform. Let the whining begin! __________________ Why do people gravitate to extremes? What…

Real American| 10.7.09 @ 8:25PM

of course, it doesn't really cut the deficit b/c a bunch of the medicare cuts, etc in the bill have to be approved by future Congresses and they won't be.

Yosemeti Sam| 10.7.09 @ 11:33PM

LOL.

Tidbits from Wikipedia:
http://en.wikipedia.org/wiki/C.....get_Office

Douglas W. Elmendorf - current Director of the
Congressional Budget Office - began his stint on
January 22, 2009 .

Who appoint the CBO Director?

Speaker of the HR - who just might have been
Pelosi; plus President pro tempore of the senate,
who is elected by the Senate and is customarily
the most senior senator in the majority party - Byrd ring a bell?

Non-partisan CBO - my ...!

Pingback| 10.8.09 @ 7:10AM

Baucus Bill would reduce Fed. Deficit - US Message Board - Political Discussion Foru links to this page. Here’s an excerpt:

…#6882 Join Date: Oct 2007 Location: Virginia Posts: 1,722 Thanks: 0 Thanked 38 Times in 28 Posts Rep Power: 24 Baucus Bill would reduce Fed. Deficit The American Spectator : AmSpecBlog : CBO Says Baucus Bill Will Reduce Deficit by $81 Billion Now, I am sure there are other reasons to vote "NO!" on reform. Let the whining begin! __________________ Why do people gravitate to extremes? What…

Ellis Wyatt| 10.8.09 @ 9:18AM

On a related note, I have some ocean front property in southwest Arizona I am looking to unload at an unbelievable price, any takers?

Pingback| 10.9.09 @ 10:44AM

Baucus Bill would reduce Fed. Deficit - US Message Board - Political Discussion Foru links to this page. Here’s an excerpt:

…#6882 Join Date: Oct 2007 Location: Virginia Posts: 1,723 Thanks: 0 Thanked 38 Times in 28 Posts Rep Power: 24 Baucus Bill would reduce Fed. Deficit The American Spectator : AmSpecBlog : CBO Says Baucus Bill Will Reduce Deficit by $81 Billion Now, I am sure there are other reasons to vote "NO!" on reform. Let the whining begin! __________________ Why do people gravitate to extremes? What…

Pingback| 10.9.09 @ 2:46PM

Baucus Bill would reduce Fed. Deficit - US Message Board - Political Discussion Foru links to this page. Here’s an excerpt:

…#6882 Join Date: Oct 2007 Location: Virginia Posts: 1,725 Thanks: 0 Thanked 39 Times in 29 Posts Rep Power: 24 Baucus Bill would reduce Fed. Deficit The American Spectator : AmSpecBlog : CBO Says Baucus Bill Will Reduce Deficit by $81 Billion Now, I am sure there are other reasons to vote "NO!" on reform. Let the whining begin! __________________ Why do people gravitate to extremes? What…

electgogo| 10.29.09 @ 10:39AM

The contents of article are wonderful!!!Great!
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The American Spectator

Comments

Pingback| 10.7.09 @ 4:37PM

Pingback| 10.7.09 @ 4:57PM

Pingback| 10.7.09 @ 5:05PM

Pingback| 10.7.09 @ 5:07PM

Real American| 10.7.09 @ 8:25PM

Yosemeti Sam| 10.7.09 @ 11:33PM

Pingback| 10.8.09 @ 7:10AM

Ellis Wyatt| 10.8.09 @ 9:18AM

Pingback| 10.9.09 @ 10:44AM

Pingback| 10.9.09 @ 2:46PM

electgogo| 10.29.09 @ 10:39AM

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