The Washington Independent

Posts Tagged cbo

Grassley: CBO Score Being Wrongly Played

By | 10.08.09 | 11:15 am

The Democrats pushing for comprehensive health care reform this year got a boost yesterday when the non-partisan Congressional Budget Office estimated that the Senate Finance Committee’s $829 billion proposal would save the government $81 billion over 10 years. But don’t tell Sen. Charles Grassley (R-Iowa) that’s good news. More…

McConnell: CBO Score Is Much Ado About Nothing

By | 10.07.09 | 6:38 pm

Even as Senate Finance Committee Democrats are patting themselves on the back over a damn fine cost estimate for their enormous health reform proposal, Republican leaders are quick to remind us that it’s a far different bill than the rest of the chamber will be voting on. Senate More…

CBO: Co-ops ‘Unlikely’ to Be Effective

By | 10.07.09 | 6:19 pm

To the dismay of many liberal lawmakers, the Senate Finance Committee famously excluded a public option from its health reform bill, instead proposing the creation of state-based health care cooperatives in hopes of bringing insurance costs down.

For the second time, the Congressional Budget Office has determined that More…

Baucus Reaction to CBO Score

By | 10.07.09 | 4:58 pm

The just-released statement from Senate Finance Committee Chairman Max Baucus (D-Mont.) following a report from the Congressional Budget Office that the panel’s $829 billion health bill will reduce federal deficits by $81 billion.

Our balanced approach to health reform has paid off yet again with the news today that

More…

CBO Says Finance Health Reform Bill Will Save $81 Billion Over a Decade

By | 10.07.09 | 4:42 pm

The Senate Finance Committee’s health reform bill will save the federal government $81 billion over the next 10 years, according to the much-anticipated Congressional Budget Office estimate released this afternoon. CBO found that subsidizing the coverage expansion will cost $518 billion** over a decade, partly offset by taxing high-cost More…

Finance Panel Delays Health Reform Vote

By | 10.05.09 | 4:23 pm

So says The Associated Press, reporting this afternoon that the absence of an estimated cost from the Congressional Budget Office means that the Senate Finance Committee won’t get around to voting on its health care reform bill until Wednesday at the earliest.

Last week, Republicans on the panel, More…

Dems to Address Cost of Health Care Reform Bill

By | 07.17.09 | 12:04 pm

Democratic leaders in the House are holding a press conference shortly on their sweeping $1.2 trillion proposal to revamp the nation’s health care system. As Sen. Tom Coburn (R-Okla.) might say: They have some ‘splainin’ to do.

That’s because of damning testimony given yesterday by Douglas Elmendorf, director More…

Baucus: Health Care Bill Will Cost Less Than $1 Trillion

By | 06.25.09 | 1:22 pm

Just out of the office of Sen. Max Baucus (D-Mont.) comes news that the cost of the health reform bill the Senate Finance Committee chairman is working on has fallen below $1 trillion. From Baucus’ statement:

We have options the Congressional Budget Office tells us would cost under $1 trillion

More…

A Dismal Review of the Dems’ Health Reform Plans

By | 06.16.09 | 11:15 am

Just hours after President Obama reiterated his plans for overhauling the nation’s health care system to trim costs and cover the 46 million people estimated to lack insurance, the Congressional Budget Office came out with a grim analysis of one major Democratic proposal designed with the same goals in More…

Obama Immigration Proposal May Not Be at Odds With Economy

By | 04.14.09 | 1:44 pm

Last week, a senior aide to President Obama told The New York Times that the White House plans to support a comprehensive immigration reform bill that would offer a path to legalization for undocumented workers. But will Obama be willing to invest the More…