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

tjdavis posted a video

City of Joel - Official Trailer

Now Available on Digital - http://bit.ly/2uxDibn50 miles north of New York City, the town of Monroe is a microcosm for a hyper-partisan and divided nation as...
52 minutes ago
Doc Vega favorited omegamann's photo
16 hours ago
Doc Vega commented on Doc Vega's blog post Death Threats for Assisting ICE?
"Less Prone excellent points and I've seen that video too. Very informative! "
16 hours ago
Doc Vega commented on Doc Vega's blog post In the Political Realm They've Gone One Step Too Far!
"Less Prone thanks for your support! "
16 hours ago
Doc Vega commented on Doc Vega's blog post Modern Day Cannibalism?
"Less Prone, you are exactly right! They have been harvesting fetal tissue in vaccines for quite…"
16 hours ago
Doc Vega commented on cheeki kea's photo
Thumbnail

DEAR SANTA...

"Ha ha! Good one! "
16 hours ago
Doc Vega commented on Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
"Less Prone, thank you very much for your input/ I always appreciate your insights! "
16 hours ago
Less Prone favorited cheeki kea's photo
Wednesday
Doc Vega's 9 blog posts were featured
Wednesday
Less Prone commented on Doc Vega's blog post Modern Day Cannibalism?
"You may be consuming human tissue unknowingly in vaccines, food or drink. One of the cruellest…"
Wednesday
Less Prone favorited Doc Vega's blog post Modern Day Cannibalism?
Wednesday
Less Prone favorited Doc Vega's blog post Death Threats for Assisting ICE?
Wednesday
Less Prone commented on Doc Vega's blog post Death Threats for Assisting ICE?
"Democrats pretend to be icons of democracy, but what kind of rule do they have in mind? When they…"
Wednesday
Less Prone commented on Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
Wednesday
omegamann posted photos
Wednesday
Less Prone favorited Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
Wednesday
Less Prone commented on Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
"I got some "proof" for you. An early prehistoric cave painting documented on a runestone."
Wednesday
Less Prone favorited Doc Vega's blog post In the Political Realm They've Gone One Step Too Far!
Wednesday
Less Prone commented on Burbia's video
Thumbnail

All In The Family | Mike Meets Archie For The First Time | The Norman Lear Effect

"Television programs have come down a lot in quality since those days. "
Wednesday
Doc Vega posted a blog post

In the Political Realm They've Gone One Step Too Far!

I'm Your Host here on a completely new program. We call it One Step Too Far! Join us now for some…See More
Tuesday

© 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