CBO: Senate bill cuts $127 billion from deficit in first decade, covers 31 million
I haven't seen the full report yet, but the top line numbers are that the Senate bill costs $849 billion in the first 10 years, cuts the deficit by $127 billion, and covers 31 million people. In the second 10 years, it cuts $650 billion in the second decade. That's a good score for Harry Reid. But be mindful of Jon Cohn's warning: A good score from the perspective of cutting federal outlays may be a bad score for the bill's total affordability. The fact that it's under $900 billion, for instance, is a win for Reid, but probably a loss for the actual bill. We'll know more when we see the full report.
By
Ezra Klein
|
November 18, 2009; 4:22 PM ET
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