In good news for Democrats, the nonpartisan Congressional Budget Office has released its analysis of the compromise health care bill. The Democratic health care bill would cost $940 billion over 10 years but would also cut the federal deficit over the next two decades -- figures that should help ease the worries of fiscal hawks who have been reluctant about supporting the sweeping measure.
The bill would reduce the deficit by $138 billion in the first 10 years and by $1.2 trillion over the second 10 years, while expanding health coverage to 95% of Americans.
Congressional Budget Office releases health bill estimates -Politico, March 19, 2010.
For the CBO report, click here.
