Eideard

Sith gun robh so…

CBO says public option to reduce deficit. Wasn’t that the point?

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Here’s the Republican plan for healthcare reform

A preliminary estimate from the Congressional Budget Office projects that the House Democrats’ health care plan that includes a public option would cost $871 billion over 10 years…

CBO also found that the Democrats’ bill reduces the deficit in the first 10 years.

This new CBO estimate, which aides caution is not final, is significantly less than the $1.1 trillion price tag of the original House bill that passed out of three committees this summer. More importantly, it comes under the $900 billion cap set by President Obama in his joint address to Congress last month…

Senior Democratic aides told CNN that House Democratic leaders are likely to put this version of the public option favored by liberal Democrats in the final bill they are drafting…Speaker Pelosi made the case to House Democrats that this approach saves the most money and would put the House in a better negotiating position when it comes time to negotiate a final health care bill with the Senate.

Moderate, “blue dog” Democrats in the House largely oppose the robust public option and instead argue for a government run insurance option that could negotiate reimbursement rates directly with doctors and hospitals. CBO’s analysis of that approach was not available according to Democratic sources, but aides say the preliminary analysis shows it does not save as much as the approach pushed by Pelosi.

So, the hypocrites who front for insurance companies and healthcare providers [what a misnomer] will have to find a new fiscal lie.

Not that they won’t.

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Written by eideard

October 21, 2009 at 6:00 pm

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