Thursday, October 08, 2009

CBO Gives "Clean Bill of Health" to Finance Committee Legislation

Providing fodder for healthcare legislation proposed in the Senate Finance Committee, the Congressional Budget Office said Wednesday that America's Healthy Future Act of 2009 would cover 29 million uninsured Americans while still slowing the growth of spending on medical care. See this New York Times article for an account of the CBO's assessment, which claims that the legislation would lower deficits by $81 billion in the decade starting next year.

The CBO's analysis of the Senate legislation can be found on its website here, although we kept getting a "time-out" message--probably because the web page was getting so much traffic at press time. You'll probably have better luck accessing this blog post by Office of Management and Budget Director Peter Orszag.

For additional resources, see our guides to budget and health.

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