A US Congressional Budget Office analysis released yesterday estimates the America's Healthy Future Act would generate $81 billion more in savings and revenues over a decade than its $829 billion cost. This is within President Barack Obama's target of a $900 billion deficit-neutral health care reform bill.
The analysis also estimates that the bill would result in health insurance coverage for 94% of non-elderly US residents, up from 83%. The Finance Committee is expected to vote on the Bill this week and then the Senate leadership will begin merging it with health care legislation passed by the HELP Committee.
The analysis reflects the specifications posted on the Committee's web site on October 2, 2009, corrections posted on October 5, and additional clarifications provided by the staff of the committee through October 6. CBO and Joint Committee on Taxation's (JCT) analysis is preliminary in large part because the Chairman's mark, as amended, has not yet been embodied in legislative language.
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