Senate Health Bill CBO Scoring Is In! Reduces deficit by $127B in first 10 years

[babylonsister]

Costs $849B, lower than requested, covers 94% of Americans.

Reduces deficit By $127B in first 10 years.

Will post link when I find one.

Breaking on m$nbc.

Initially sounds like good news; the rethugs will HATE it.

Edit to add this:

http://tpmdc.talkingpointsmemo.com/2009/11/cbo-senate-bill-costs-849-billion-major-deficit-reducer.php?ref=fpa

CBO: Senate Bill Costs $849 Billion, Major Deficit Reducer
Brian Beutler | November 18, 2009, 4:52PM


Democratic leadership has distributed figures to reporters from a CBO analysis of Senate health care legislation. The numbers affirm what we reported this morning--that Majority Leader Harry Reid is very pleased.

The health care bill--which includes an opt-out public option--will require $849 billion over 10 years in new spending, to be paid for with cuts to Medicare, while reducing the deficit by $127 billion.

In that time it will extend coverage to 31 million Americans--94 percent of citizens will be covered.

Over the second 10 years, CBO projects even greater cost savings--up to $650 billion, with the caveat that after 10 years, their analyses become highly uncertain.

This meets all of President Obama's goals, and, as has been the pattern during this legislative process, the Senate bill comes at a lower cost, and with greater cost-savings than the House bill, while the House bill covers more Americans.

[elocs]

1. Some here will find a way to hate it also. n/t

[babylonsister]

2. You betcha! I've already seen one of the usual suspects. nt

[MNDemNY]

9. Yup, keep cuttin' and pastin' sista!

That's all you got. I will continue to weigh in on your ridiculous cut-and-paste posts.}( :P

[MNDemNY]

8. It is even worse than the crap bill out of the house.

It should be defeated. Are YOU OK with the Stupak Language in the House bill? It is likely to be duplicated in the Senate bill, as well. Is that OK with you?

[MNDemNY]

26. Well ,are You OK with the Stupak Language?

:shrug: :shrug: :shrug:

[Cleita]

3. So who are the 6% that won't be covered?

Do they say or do we have to wait for the link?

[babylonsister]

4. Why don't you write Harry Reid? or the CBO? I surely don't know.

But I'm shocked you're not happy. Shocked! At least this moves health care reform along for millions of people who wouldn't otherwise have it.

[Cleita]

6. IF that 6% are people who really don't want it and are rich enough to pay

out of pocket then fair enough. I still say tax them, but if that 6% are people who will fall through the cracks, it's really not good enough and I am disappointed. Figures are so clean that you can dismiss them until you see a free clinic like the one held in NOLA over the weekend that puts suffering faces on those statistics. I know I can't make you care but I hope you do.

[MNDemNY]

7. Keep peddling this crap bill with your cut-and paste posts.

I know that you are OK with even the Stupak amendment, (which is likely to be duplicated in the Senate bill) Why is it that you are OK with turning back the clock some 50 years on womans rights, only to insure the insurance industry profits and still leave tens of millions uninsured? WHAT IS YOUR MOTIVATION???You really want that Rose Garden Signing Ceremony THAT bad, bad enough to toss womans rights aside? Who's rights are also expendable in your little corporate world? I never understand why anyone recs your cut-and paste crap. :P :eyes: :puke:

[MNDemNY]

5. It does this largely by collecting "new " taxes years before any major expenditures.

Seems like slight of hand. Be honest Health care reform, the real kind, costs money, lots of it. This costs lots of money but is not real health care reform. It only perpetrates the Industry's huge profits into the future. Single Payer NOW. This bill, as well as the house bill must be tossed to the scrap heap.

[AllentownJake]

10. Is this with or without a Public Option

What do the mandate fines look like and what are the regulatory provisions and subsidies.

Cutting Social Security benefits for all Americans would get a great CBO score as an effect on the deficit too.

[MNDemNY]

11. It is also contingent on the Industry "playing nice" what are the odds of that?

[AllentownJake]

12. Oh they built cooperation and acceptance into the equation

I wonder if they built in the Pharma industry honoring its agreement with the President on price hikes.

[MNDemNY]

13. Yes, they did. Both the House and Senate versions.

Complete crap. (i wish this one had gone to the "convention" LOL)

[AllentownJake]

16. Did the President get his assurances in writing

Just curious because in their world, unless they have something in writing that can hold them to it, it never happened.

[MNDemNY]

19. Nope, a "gentleman's' agreement"

Me thinks he knows it is worthless, but it helps with the "scoring" you know, more of that "chess game"!:think:

[AllentownJake]

23. This is the Chess Game?

I thought this was you can't turn a battleship around overnight.

I get so confused with the analogies. :shrug:

[MNDemNY]

25. Well, I guess it is BOTH, 6 dimensional chess.

WAAAAAAAAAY beyond our pay grade! All we can do is sit back and watch it play out.

[AllentownJake]

27. Let us just face it

He is a Vulcan from another dimension sent here to save us from ourselves but we are not yet evolved enough to understand what he's doing.

[MNDemNY]

29. Some here think so.

[SpartanDem]

18. The House bill allows negotiation of drug prices

and there are people in the Senate who want to do the same.

[AllentownJake]

21. There are people in the Senate who want a Strong Public Option

Now, the question is, what does Joe Lieberman, Ben Nelson, Blanche Lincoln, and Evan Bayh think about negotiation of drug prices, because there lies whether or not this bill comes to a vote or not.

[SpartanDem]

14. It has a public option

[MNDemNY]

15. Opt out, reducing further the pool for the very limited PO.

Set up to fail.

[AllentownJake]

17. See when you start off the debate asking for a strong public option

You end up with this, wonder what would have happened if Medicare for all was on the table from the beginning.

[MNDemNY]

24. We will never know.

And "this" is better then we are likely to end up with. Further "compromise" is assured.

[AllentownJake]

30. For a guy who had a 70% approval rating 9 months ago

and an organized network of volunteers, he sure isn't that good at a negotiating table. Particularly seeing the negotiating is being done with people within the party he is the head of.

[MNDemNY]

32. I have to check and see if "we" really won the White House, from time to time.

What good is his political capital if he won't spend it? (looks like sis has cut and run)

[AllentownJake]

37. This week it was talk of a Pacific Rim Free Trade Agreement

I was like seriously? NAFTA hasn't been enough of a disaster for you?

BTW I wonder how that renegotiating of NAFTA everyone was promised in the primary. Probably one of those unimportant things that we can worry about in term #2 because it has only been 10 months, nevermind it is one of the things directly responsible for job losses, more so in this recession.

[MNDemNY]

38. Well he didn't really say he'd do it. just that it might be wise.

But then , it might be part of that fucking chess game! That's why I hate that damn game, takes too long and half the time it ends in a draw. What the fuck kind of game is that?

[SpartanDem]

20. Medcaid is an opt out program

how many are opting of that?

[MNDemNY]

22. Technically yes, but practically? NO

For a state to "opt out" of medicaid they MUST provide something comparable. That is NOT the case here.

[SpartanDem]

28. Even so, how many states do you think will go through with it?

I think it'll be like the stimulus there will be a lot bluster from teabag govs, but they'll take it. Worst case scenario I see up to 5 states.

[MNDemNY]

31. 6-8.

But still the PO as it is set up, with only a pool of un insurable sick folks, will be too expensive(remember, it must "pay it's own way") In both bills the PO is set up to fail, and it will.

[AllentownJake]

34. Probably 75% of the old confederacy

Utah, Arizona, Idaho, and maybe one of the Dakotas

[DU GrovelBot]

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[PHIMG]

35. And that's the objective of a HEALTHCARE reform bill right?

When you have a bunch of conservative saboteurs in your party going by the name of blue dogs deficit reduction is the most important thing in the world.

[blues90]

36. Paid for by cuts in medicare , savings in 10 years

Then states can opt out. So let me get this close to straight. Who losses medicare? savings over 10 years . well Obama will not be in office then. so I guess that sort of goes in the depends folder. And a state opt out , well there is a very loose figure that cannot be counted , who knows who will be in or out.

All the while the ins corps will be jacking up rates just like the banks.

Oh and lets not forget about jobs , if there are not there then what.

[MNDemNY]

39. And the winnah is : United Health Group!

gobama?

[AlinPA]

40. Lieberman will filibuster it.