Health bill costs $940 billion and cuts deficit, aide says




March 18, 2010, 10:55 a.m. EDT

Health bill costs $940 billion and cuts deficit, aide says

Stage set for climactic vote Sunday on the bill







By Robert Schroeder, MarketWatch

WASHINGTON (MarketWatch) -- The House is edging closer to a final, climactic vote this weekend on a sweeping health-care overhaul bill, as
numbers from congressional budget analysts show the measure will slash
the U.S. budget deficit.

The final House version of the bill will cost $940 billion over a decade, while saving more than $1 trillion over 20 years, a Democratic
aide said Thursday, citing a Congressional Budget Office finding.


AM Report: The Health-Care Endgame

Democrats are inches away from building a majority that could pass a monumental restructuring of the health-care system, WSJ's Jerry Seib
reports. He breaks down the bill as it stands now and what is still
needed to close the deal.

The CBO figures set the stage for a vote on the bill Sunday, one of the last steps in a yearlong drive by President Barack Obama to enact historic health-care reform.



The cost figures are critical to winning support from fiscally conservative Democrats, whose reservations about the bill have forced
the White House and Democratic leaders to work overtime to win votes.
In the House, 216 votes are needed for passage.

The House Democratic Whip, James Clyburn of South Carolina, said his party is "absolutely giddy over the great news that we've gotten from
the CBO," Fox News reported.

The bill would slash the deficit by $130 billion in the first 10 years, and by $1.2 trillion in the second decade, the aide said.

Republicans, meanwhile, said they're still planning to try to kill the legislation.

"They're still going to spend a trillion dollars so we impose government-run health care on the American people," said House
Republican Leader John Boehner.




















Copyright © 2010 MarketWatch, Inc.

Views: 34

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by truth on March 18, 2010 at 11:19am

UPDATE: The CBO just released their cost estimate of Obamacare. It is posted on their website here.

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted blog posts
20 hours ago
tjdavis favorited Parrhesia's video
Thursday
tjdavis favorited UnitedWeStand's video
Thursday
tjdavis favorited Sandy's video
Thursday
tjdavis posted a photo
Thursday
Doc Vega commented on rlionhearted_3's photo
Thumbnail

2DF36465-A826-443C-A3A8-6638BC1D4FFA

"You can't subvert a nation that has already been subverted by Marxists and drug cartles who…"
Wednesday
Doc Vega commented on rlionhearted_3's photo
Thumbnail

2DF36465-A826-443C-A3A8-6638BC1D4FFA

"Venezuela was once a thriving nation until the left and Communism infiltrated the government, and…"
Wednesday
tjdavis posted a photo
Wednesday
tjdavis posted a video

Jacob Collier Improvises With Orchestra (Live in San Francisco)

A few months ago, I had the joy of performing with the world's first Audience Symphony Orchestra in San Francisco, a gathering of fans from all over North Am...
Wednesday
Doc Vega posted blog posts
Tuesday
Роман posted a blog post

Архітектура для мегаполісів: виклики та рішення урбаністики

Сучасні мегаполіси — це складні живі організми, де переплітаються економіка, культура, технології…See More
Monday
Tori Kovach posted a discussion

Pumpkin Face

Is he dead yet?See More
Sunday
cheeki kea posted a blog post
Feb 8
cheeki kea commented on Sandy's photo
Thumbnail

FB_IMG_1770501160448

"Thumbs up find. So what ever do we have here then? Revolving doors of corruption and deceit that…"
Feb 8
cheeki kea left a comment for Роман
"Greetings and well wishes to you POMaH, great that you've joined us all here at the site. May…"
Feb 8
Sandy posted photos
Feb 8
Doc Vega posted a blog post

Something is Making Fishermen Disappear It’s not Alligators or Sharks

 The setting is a section of the Ohio River where many locals enjoy fishing, swimming, and boating.…See More
Feb 7
Роман is now a member of 12160 Social Network
Feb 7
Doc Vega posted a blog post

Always Wondering

The face of reality pressed against your window paneIs it engineered or is it real rain?So, you…See More
Feb 6
tjdavis favorited Burbia's video
Feb 5

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted