Finance Committee to Vote on Health Care Bill
October 05, 2009
The analysis from the Congressional Budget Office estimates the cost of the Senate Finance Committee’s health care bill at $829 billion over ten years.
The CBO report states that the legislation would not add to the deficit but would lower it by $81 billion over the first 10 years. The bill accomplishes Chairman Max Baucus’ (D-Mont.) long-sought-after goal of delivering a bill that extends health insurance to millions of uninsured Americans for less than $1 trillion.
The Senate Finance Committee will vote on its health care bill on Tuesday, October 13.
The next phase involves merging the Finance bill with a bill passed by the Health, Education, Labor and Pensions Committee in July prior to a floor vote in the Senate.
