Posted by
Defend America on Thursday, March 18, 2010 11:04:32 AM
Health Care Bill to Cost $940B, Reduce Deficit by $100B in First 10 Years
House Majority Leader Steny Hoyer Confident of a Weekend Vote on Bill
By HUMA KHAN, Z. BYRON WOLF and DEAN NORLAND
WASHINGTON, March 18, 2010
The controversial
health care bill
that the House is slated to vote on this weekend will cost $940 billion
over ten years and reduce the deficit by $130 billion over the same
period, Democratic House leadership told reporters today.
The numbers are preliminary, lawmakers said, since the
Congressional Budget Office
has yet to officially release their report. That public release of the
bill is expected early this afternoon and it will set in motion a
72-hour clock until
Democrats bring the bill to a final vote in the House.
http://abcnews.go.com/Politics/HealthCare/cbo-health-care-bill-cost-940-bill-reduce/story?id=10065306
Rep. Paul Ryan issued this statement:
House Budget Committee Ranking Republican Paul Ryan (WI) issued the following statement:
“The Congressional Budget Office has confirmed that there is currently no official cost estimate.
Yet House Democrats are touting to the press – and spinning for partisan gain – numbers that
have not been released and are impossible to confirm. Rep. James Clyburn stated he was
“giddy” about these unsubstantiated numbers. This is the latest outrageous exploitation by the
Majority – in this case abusing the confidentiality of the nonpartisan Congressional Budget
Office – to pass their massive health care overhaul at any cost.”
http://house.gov/budget_republicans/press/2007/pr20100318cboleak.pdf