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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.”
Hajra Shannon

Hajra Shannon

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Hajra Shannona is a highly experienced journalist with over 9 years of expertise in news writing, investigative reporting, and political analysis. She holds a Bachelor's degree in Journalism from Columbia University and has contributed to reputable publications focusing on global affairs, human rights, and environmental sustainability. Hajra's authoritative voice and trustworthy reporting reflect her commitment to delivering insightful news content. Beyond journalism, she enjoys exploring new cultures through travel and pursuing outdoor photography
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