The full report is still not up at the CBO blog, but Ryan Grim seems to have some details already:
Comprehensive health care reform will cost the federal government $940 billion over a ten-year period, but will increase revenue and cut other costs by a greater amount, leading to a reduction of $130 billion in the federal deficit over the same period, according to an analysis by the Congressional Budget Office, a Democratic source tells HuffPost. It will cut the deficit by $1.2 trillion over the next ten years.
The source said it also extends Medicare's solvency by at least 9 years and reduces the rate of its growth by 1.4 percent, while closing the doughnut hole for seniors, meaning there will no longer be a gap in coverage of medication. The CBO also estimated it would extend coverage to 32 million additional people.
A million extra people covered is nice. That certainly seems like a lot of deficit reduction, too.
Details still sketchy. There had been rumors of a number last minute changes to the bill, especially concerning increasing the excise tax. On that front, after being summoned to the White House, the AFL-CIO will hold a meeting today on whether to support the bill or not.
I had also heard a rumor of a Medicare buy-in being considered as a last-minute change to appease the CBO instead of / in addition to the excise tax change. Unfortunately, it was one of those situations where pushing for it would have been counter-productive (think about what happened when Sanders, Weiner, Dean and Kucinich celebrated the Medicare buy-in deal back in December). The center-right Democrats who were pushing for it would have withdrawn support if the DFHs liked it. Because, in the end, the key for many center-right Democrats is to only support policy that pisses you off (seriously).
However, since a leaked CBO score implies the bill is done now, I think it is OK to let the cat out of that bag. Doesn't seem like it is going to happen one way or the other.
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