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Good News for House Dems on Health Care

The Congressional Budget Office estimates that the health reform bill unveiled today by House Democrats comes in under the $900 billion, 10-year threshold set

Jul 31, 2020
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The Congressional Budget Office estimates that the health reform bill unveiled today by House Democrats comes in under the $900 billion, 10-year threshold set earlier this year by the White House. TPMDC has more:
At $894 billion, the bill’s 10 year cost comes in a hair under President Obama’s $900 billion red line. But, more politically and substantively important, the bill is projected to reduce the deficit in both the first 10 years andthe second 10 years, just as Rep. Jerrold Nadler (D-NY) told me. [...]
CBO projects that the House bill will bring insurance to 36 million more Americans, leaving 18 million people under the age of 65–and 12 million citizens–without health care. According to CBO, “the share of legal nonelderly residents with insurance coverage would rise from about 83 percent currently to about 96 percent.”
Dexter Cooke

Dexter Cooke

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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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