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

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

Jul 31, 202022.6K Shares871.2K Views
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 and are fully paid for. Based on these developments, I’m even more confident in our ability to move forward. And as I’ve said before, we will not put out a mark until we are sure we have it right.
$1 trillion is no chump change, but it’s quite an improvement over the $1.6 trillionthe bill was estimated to cost just a few weeks ago.
Baucus and the Finance Committee are expected to unveil their proposal following the Fourth of July break.
Paula M. Graham

Paula M. Graham

Reviewer
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