CBO: Senate Health Bill Costs $849 Billion, Covers 94 Percent of Americans
After weeks of number crunching, the Congressional Budget Office announced this afternoon that the Senate’s health reform bill will cost $849 billion over 10 years, cover 94 percent of the country’s population, and reduce the deficit by $127 billion, Fox News reports:
Senate Majority Leader Harry Reid released the bill and its price tag to his colleagues Wednesday afternoon. He has spent weeks merging two versions of the bill that passed out of two separate Senate committees.
Reid plans to hold a procedural vote as early as Thursday to begin debate on Saturday.