Friday § October 30, 2009
For Now, Budget Forecast for Reform a Bit Hazy
Now that the House has unveiled its consolidated health reform bill, it will head to the Congressional Budget Office for a cost estimate. Although the Democrats’ proposals for a public option were tempered somewhat, there is still some concern over the future funding for their version of a less robust public option.
Even if reform with respect to a public option is viable, it has to be financed appropriately. Provisions such as insurance exchanges championed by the Senate, for example, may make short term cost estimates difficult to calculate. And speaking of the Senate, CBO analysis takes time — possibly hampering the amount of time vigorous debate can occur on the Senate floor before Thanksgiving. | LINK
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