The CBO has issued a preliminary scoring of the health care bill suggesting it will reduce the deficit and health care costs somewhat over ten years. Keyword preliminary, as far as I'm concerned. I'm not buying it and neither is NRO - from yesterday. Late last night the NY Times said it will cost more than what the Democrats allege.
But a closer look at the budget office report suggests that the number everyone should have reported was $1.055 trillion – which is the gross cost of the insurance coverage provisions in the bill before taking account of certain new revenues, including penalties by individuals and employers who fail to meet new insurance requirements in the bill.
Next Obama will be telling us the NY Times isn't really a News outlet. At least we would agree on something for once.
A reader, Donna N., sent along a link to her Rep. Tom Rooney who has been working on the issue. You can access the full bill via health care on his issues page. Nice to know at least one person likes their Rep. right now. It doesn't extend to his Steeler owner Father, who is an Obama guy. Never did trust that team, somehow, even when they were great and I liked the players.
Meanwhile the Republicans are going through the bill and posting updates at their blog.
The CBO score on the latest Pelosi bill says: In 2019 there would be “about 18 million nonelderly residents uninsured (nearly one third of whom would be unauthorized immigrants).”
CBO score of H.R. 3200: In 2019 there would be “about 17 million nonelderly residents uninsured (nearly half of whom would be unauthorized immigrants).”
In other words, the number of projected uninsured who are also undocumented immigrants declined from about 8 million under H.R. 3200 to 6 million under the latest Pelosi bill. Why?-- From page 6 of the CBO's health care bill score: CBO said the government-run health plan would actually have HIGHER costs than previously estimated ($2 billion.) From the text of the letter:
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