Will fiscal conservatives rejoice? The Congressional Budget Office has completed a preliminary analysis of the Senate health-care reform package and says the bill could cut federal deficits by $81 billion over the decade and would cover 94 percent of eligible people. The cost over 10 years would be $829 billion. Blue Dog Dem Max Baucus, chairman of the Senate Finance Committee and the man who steered this moderate-yet-controversial version of the bill, celebrated the analysis: “This legislation, I believe, is a smart investment on our federal balance sheet. It’s an even smarter investment for American families, businesses, and our economy.” His committee could vote as early as Friday on the legislation.
Read it at the Associated Press
