Motley Moose – Archive

Since 2008 – Progress Through Politics

CBO

CBO says HCR Bill will save $130B in First Ten Years and $1.2T in Second Ten Years

I know a lot of my friends on the right are stressed about the Democrat’s healthcare bill, so here’s a bit of positive news that might help just a tad:

Politico has this:

“The Congressional Budget Office has determined that the health reform plan will cost $940 billion over 10 years, but will trim the federal deficit by $130 billion in the first ten years and $1.2 trillion in the second ten years, House Majority Leader Steny Hoyer said. Those deficit numbers should help ease the worries of deficit hawks on the fence about supporting the bill.”

Saving $1,330,000,000,000 has to be a good thing.

Consider this an HCR Open Thread.