· Health care reform will cost the federal government $940 billion over a 10-year period, but will increase
revenue and cut other costs by a greater amount, leading to a reduction of $130
billion in the federal deficit over 10 years.
· According to an analysis by the Congressional Budget Office, the proposed health bill will cut the deficit
by $1.2 trillion over the next ten years.
· It also extends Medicare's solvency by at least 9 years, while closing the doughnut h*** for seniors,
meaning there will no longer be a gap in coverage of medication.
· The CBO also estimated it would extend coverage to 32 million additional people.
· The CBO score is the last piece House Speaker Nancy Pelosi (D-Calif.) was waiting on before putting the
puzzle together on the House floor.
· The numbers give a major boost to Pelosi and her leadership team, which can now begin the whip count in
earnest and can specifically point to the cost savings.