CBO: Senate health bill costs $871 billion, reduces deficit by $132 billion

[babylonsister]

CBO: Senate health bill costs $871 billion
By Michael O'Brien - 12/19/09 12:00 PM ET


The Senate's healthcare bill would cost $871 billion and cover 31 million more Americans, according to the Congressional Budget Office's analysis of the bill.

The CBO said that the final legislation, unveiled Saturday by Senate Majority Leader Harry Reid, would cost $871 billion over the next 10 years and reduce the deficit by $132 billion over the same period. That's more than the first Senate bill had cost.

Roughly 31 million Americans would receive new coverage under the legislation.

The final Senate bill will cost more than the 2,074-page bill first unveiled by Reid last month. The Congressional Budget Office (CBO) said that bill would cost $848 billion over 10 years.

more...

http://thehill.com/blogs/blog-briefing-room/news/73071-senate-health-bill-costs-871-billion

[still_one]

1. I will be anxious to read the full bill to see if it is the sellout I believe it is or not /nt

[Mari333]

2. sounds like they might be saying

' this is our projected savings using our fancy math people to show how much we will not have to spend on you when the money is taken from you by the insurance companies via a mandate and projected extra monies taken from you via fines and taxes if you do not pay...and we did not include the cost of your prison stay"

[SmileyRose]

3. Makes perfect sense to me

We've spent $950,000,000,000.00 in the Middle East to save $1 a gallon on gasoline. :crazy:

[grytpype]

4. Does that include Obama's Insurance Jails????

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