Let’s lead off with the important stuff:
CBO told lawmakers that the health package would cost $940 billion over the next decade, reducing the deficit by $130 billion. It will reduce the deficit by $1.2 trillion in the second decade of the plan’s implementation, according to those who have seen the score.
That’s a larger deficit reduction than the healthcare measures passed by both the House and the Senate last year, though the CBO said the current bill would spend more than those bills.
This – this is why Democrats are the party of fiscal conservatism; they know where to invest the country’s money and on which things matter the most to us. Not only will it save us money in the long run, it’ll put taxpayer dollars into things that really matter to the American people – our own internal priorities, like the well being and care for our families and our neighbors. And they’re doing it all with an eye towards saving money and making programs like Medicare and Medicaid financially viable.
This is why this measure passed the House in historic fashion last night.
[ CBO: Health Package Costs $940 Billion; Hoyer Eyes Sunday Vote for Measure ]
Source: The Hill