With the unveiling of the health reform reconciliation compromise set for noon ET, Democrats are beginning to leak results of the long-awaited Congressional Budget Office score of the provisions. They're pretty good.
The deficit over the first ten years drops by $130 billion compared to the baseline. Importantly, especially for wavering Democrats like Brian Baird, it reduces the debt by $1.2 trillion in the second ten years. Apparently, the CBO says that the bill would reduce Medicare expenditures by about 1.4% per year, extending the solvency of the program by nine years. Thirty-two million Americans will be covered -- about 95% of all those eligible. The cost over decade one: $940 billion. The release today will help Speaker Nancy Pelosi fulfill her promise of providing 72 hours to review the bill before the vote, which is on tap for Sunday.
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