House Health Bill Gets a Boost
Here's an optimistic take. Seems like CBO gives Pelosi bill a positive evaluation.
Pelosi Prepares to Move Ahead from Brian Beutler in TPM.
A preliminary analysis from CBO may have sealed the deal. Speaker Nancy Pelosi is preparing to move ahead with a "robust" public option--one that reimburses hospitals and providers at Medicare rates, plus five percent--in the House's health care bill. She is briefing her caucus about the plan's savings tonight, and, pending the approval of a sufficient majority of members, will adopt the measure as part of the complete reform package.
The analysis finds the reconstituted House proposal to be deficit neutral, and require less than $900 billion in new spending, over ten years.
The bill remains nominally more expensive than the Senate Finance Committee proposal, but would cover 96 percent of all Americans, providing greater bang for each federal dollar spent. And, aides note, the bill that comes to the floor of the Senate will be a hybrid of the Finance and more expensive HELP Committee bills, so the price is expected to rise.