CBO Scores Senate HCR Bill

CBO estimates: cost $871 billion over 10 years, reduce the deficit by $132 billion over 10 years and by $1.3 trillion over 20 years. The bill would extend insurance to 31 million individuals, covering approximately 94% by 2019."

	Senate Bill	New Managers Amendment	Difference
Costs	Reduce deficits: $130B/10yrs Cost: $848B/10yrs Spends on subsidies: $447B/10yrs On Medicaid/CHIP: $374B/10yrs On Small Employer Credit: $27B/10yrs	Reduce deficits: $132B/10yrs Cost: $871B/10yrs Spends on subsidies: $436B/10yrs On Medicaid/CHIP: $395B/10yrs On Small Employer Credit: $40B/10yrs	Reduce deficits: +$2B/10yrs Cost: +$23B/10yrs Spends on subsidies: -$11B/10yrs On Medicaid/CHIP: +$21B/10yrs On Small Employer Credit: +$13B/10yrs
Insured	Uninsured reduced by: 31M Uninsured in 2019: 24M In Exchanges: 25M | Public Plan: 3-4M In Medicaid: 15M	Uninsured reduced by: 31M Uninsured in 2019: 23M In Exchanges: 26M In Medicaid: 15M	Uninsured reduced by: No Change Uninsured in 2019: -1M In Exchanges: +1M In Medicaid: No Change
Revenue	Mandate penalty: $8B/10yrs Free rider penalty: $28B/10yrs New taxes: $238B/10yrs Excise tax: $149B/10yrs Payroll tax: $54B/10yrs	Mandate penalty: $15B/10yrs Free rider penalty: $28B/10yrs New taxes: $264B/10yrs Excise tax: $149B/10yrs Payroll tax: $87B/10yrs	Mandate penalty: +$7B/10yrs Free rider penalty: No Change New taxes: +$26B/10yrs Excise tax: No Change Payroll tax: +$33B/10yrs
Medicare and Medicaid	Total savings: $491B/10yrs Medicare Advantage: $118B/10yrs Medicare Commission (IMAB): $23B/2015–2019	Total savings: $483B/10yrs Medicare Advantage: $118B/10yrs Medicare Commission (IMAB): $28B/2015–2019	Total savings: -$8B/10yrs Medicare Advantage: No Change Medicare Commission (IMAB): +$5B/2015–2019

None of this even matches up to Chairman Michael Steele's comments from the post below. None of it.

This is such bad news for Republicans they are stalling the vote as much as possible. Right now they have ordered the reading of the entire bill on the Senate floor. Very classy.

Funny I don't recall the minority party forcing the Republicans to read the Patriot Act, which is by far the largest government takeover in American history, on the floor. I don't recall the Republican expansion of Medicare bill read aloud. I don't recall the authorization to use force against Iraq read aloud. Had any of that been forced, the GOP would have questioned anyone's patriotism for doing so. What a bunch of putzes.