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Obama: I’ll Tell You How This War Ends

From Beijing, President Obama says that his imminent announcement of refined Afghanistan strategy will contain some very important details:
“I am very confident that when I announce the decision, the American people will have a lot of clarity about what we’re doing, how we’re going to succeed, how much this thing is going to cost,” Mr. [...]


GOP Health Bill Would Leave 52 Million Uninsured

Rep. Virginia Foxx (R-N.C.) just took to the House floor to decry the Democrats’ health reform bill because, she said, it would leave too many folks uninsured. She must not have read the Congressional Budget Office’s analysis of the GOP’s legislative alternative, which, CBO found, would leave 52 million nonelderly Americans uninsured in 2019 — [...]


Good News for House Dems on Health Care

The Congressional Budget Office estimates that the health reform bill unveiled today by House Democrats comes in under the $900 billion, 10-year threshold set earlier this year by the White House. TPMDC has more:
At $894 billion, the bill’s 10 year cost comes in a hair under President Obama’s $900 billion red line. But, more politically [...]


Expanding Medicaid Saves Money — At a Steep Price

The Congressional Budget Office last week made a bit of news when it released cost estimates on two different health reform packages being considered by House Democrats, who are trying to bring the cost of their legislation down below $900 billion over 10 years. But, as The Washington Post pointed out, the cheaper version [...]


CBO: Tort Reform Would Cut Health Spending by 0.5%

Enacting a comprehensive set of medical malpractice reforms would reduce nationwide health care spending by 0.5* percent, according to a report released today by the Congressional Budget Office. Over 10 years, the changes would reduce federal deficits by $54 billion.
Roughly 0.2 percent of the savings would come as a result of the reduction in providers’ [...]


Grassley: CBO Score Being Wrongly Played

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. The finance panel’s senior Republican said yesterday [...]


McConnell: CBO Score Is Much Ado About Nothing

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 Minority Leader Mitch McConnell (R-Ky.) just issued [...]


CBO: Co-ops ‘Unlikely’ to Be Effective

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 those co-ops simply won’t have the bulk to [...]


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

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 insurance plans ($201 billion), trimming Medicare [...]


Finance Panel Delays Health Reform Vote

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, notably Sen. Olympia Snowe (R-Maine), had urged Chairman [...]