CBO Healthcare scores are up...
And compared to the previous scores of both the Senate and House versions... The costs are down even more:
The first set of the much-anticipated CBO numbers are out:
- CUTS THE DEFICIT Cuts the deficit by $130 billion in the first ten years (2010 – 2019). Cuts the deficit by $1.2 trillion in the second ten years.
- REINS IN WASTEFUL MEDICARE COSTS AND EXTENDS THE SOLVENCY OF MEDICARE; CLOSES THE PRESCRIPTION DRUG DONUT HOLE Reduces annual growth in Medicare expenditures by 1.4 percentage points per year—while improving benefits and lowering costs for seniors. Extends Medicare’s solvency by at least 9 years.
- EXPANDS AND IMPROVES HEALTH COVERAGE FOR MIDDLE CLASS FAMILIES. Expands health insurance coverage to 32 million Americans Helps guarantee that 95 percent of Americans will be covered.
- IS FULLY PAID FOR Is fully paid for – costs $940 billion over a decade. (Americans spend nearly $2.5 trillion each year on health care now and nearly two-thirds of the bill’s cost is paid for by reducing health care costs).
This gives wavering Democrats a firm reason to vote yes. Will the final dominos start falling today?
Now that the scores are out we should have a better idea of what exactly is in the bill and what is out with reconciliation. Expect to see a lot of really good news and really bad news in the next couple of days as every healthcare wonk in the universe will finally have a chance to dissect what may be the final version of healthcare reform.