Dem Leader: House Will Pass Health Bill Nov 6, 2009
Action is slower on the other side of the Capitol, where senators are awaiting an analysis from the Congressional Budget Office on legislation written by Senate Majority Leader Harry Reid and others. The timeline there appears likely to spill into next year. (Time.com)
Who’ll protect us from Congress? Nov 6, 2009
U.S. Representative Rangel recently requested CBO (Congressional Budget Office) to crunch some numbers for H.R. 3962, the Affordable Health Care for America Act. In its preliminary analysis letter to him, CBO noted that H.R. 3962 is designed to require individuals to purchase health insurance. (Greenville Delta Democrat Times, MS)
Study: Health reform boosts premium costs Nov 6, 2009
In study after study from the Congressional Budget Office and the to the providers of coverage and care the overwhelming evidence demonstrates that consequences of this legislation contradict its own goals ... These companies are ignoring the myriad provisions that contain costs, such as premium credits for young adults and the benefits of creating a health exchange, which the Congressional Budget Office says will reduce premiums. (Milwaukee Business Journal, WI)
Editorial: Americans need time to understand health care bill prior to vote Nov 6, 2009
Yet this bill, with a net cost of $894 billion over the next 10 years, according to the Congressional Budget Office, will also require all Americans to have health insurance or face a 2. 5 percent income tax penalty; create a surcharge on "high income" individuals; and create an excise tax on medical devices. (The News-Press -- Opinion)
'Pittsburgh tea party' takes view to D.C. Nov 6, 2009
He voted against the bill in the Education and Labor Committee, but said some of his initial concerns have been addressed in Speaker Nancy Pelosi's latest draft: The Congressional Budget Office has said the bill doesn't add to the deficit -- a projection disputed by the tea partiers -- and the penalties for small businesses that don't offer their employees health care will affect businesses with payrolls of $500,000 or more, rather than $250,000. The meeting was a bit more subdued than one of... (Pittsburgh Post-Gazette, PA)
Dems get backing on health care reform Nov 6, 2009
AMA, AARP back House health care bill - CNN.com. Part of complete coverage on Share this on. (CNN)
Details on Health Care Bills in House, Senate Nov 6, 2009
COST: The Congressional Budget Office says the bill's cost of expanding insurance coverage over 10 years is $1. 055 trillion. (ABC News -- Business)
Dems' Healthcare Means Tax Increases Nov 6, 2009
The Congressional Budget Office (CBO) -- the official scorekeeper in Congress -- and JCT testified that this new excise tax would be passed onto consumers in the form of higher premiums. These nonpartisan experts said 90 percent of the consumers who would bear the burden of this new excise tax earn less than $200,000 a year. (Human Events Online)
Will the next Paul Tsongas please stand up Nov 6, 2009
The Congressional Budget Office, for example, has estimated that the government will run up $9. 1 trillion in cumulative deficits over the next decade and in 2019 still face a yearly budget deficit of $1. (Boston Globe)
U.S. is blissfully stuck in debt spiral Nov 6, 2009
The House health care bill with the public option REDUCES the deficit according to the CBO. ... The CBO also reports that the Cap and Trade legislation will cost the average US household only $175/YEAR with 20% of US households receiving rebates. (Coos Bay-North Bend The World, OR)
Newsweek: Why a health care 'trigger' won't work Nov 5, 2009
Miller chuckled when I told him that the public option (the Connecticut senator still calls it that, of course) would cost taxpayers money, when the Congressional Budget Office and other independent analysts have said just the opposite. He pointed out that Lieberman is from Hartford, historic home of the insurance industry. (MSNBC -- Politics)
GOP Health Bill Would Cut Deficit but Leave 52 Million Uninsured, CBO Says Nov 5, 2009
By Jackie Kucinich and Steven T. DennisRoll Call Staff Nov. 4, 2009, 11:29 p.m.. The Republican alternative to the Democratic health care reform bill may cut costs, but it fails to make a dent in the problem of millions of Americans who lack health insurance, according to a preliminary analysis by the Congressional Budget Office. (Roll Call)
Health care voting could be delayed into 2010 Nov 5, 2009
Reid downplayed his difficulties Tuesday, blaming the delay on the Congressional Budget Office, which first must analyze the cost of a bill he submitted to the agency a week ago. Democrats said the CBO is not expected to issue its report this week and Republicans said Reid submitted a "concept" rather than a bill. (San Francisco Chronicle)
Health Reform Faces Moment Of Untruth Nov 5, 2009
Once fully implemented, however, the plan will cost nearly $2 trillion over 10 years double the $900 billion touted as a passing grade from the Congressional Budget Office. Still, congressional leaders are sticking to their talking point. (Investors Business Daily)
House GOP Health Plan Would Cover Relatively Few Nov 5, 2009
CBO: House GOP health plan would reduce number of uninsured by only 3 million. WASHINGTON November 4, 2009 (AP) The Associated Press. (ABC News -- Wire)
McConnell: Senate debate should last 'weeks and weeks and weeks' Nov 5, 2009
Democrats are waiting for scoring from the Congressional Budget Office (CBO) on the bill before committing to final legislative language in their health bill. Even after that, though, they may not yet have the 60 votes within their own caucus to proceed to a debate. (TheHill.com)
Stocks End Mixed After News-Filled Day Nov 5, 2009
House Dems discussed a special windfall profits tax on health insurers to help pay for their overhaul plan, a day after the CBO said the Senate Finance's plan would cut the deficit. But House Dems oppose that bill's tax on high-cost insurance. (Investors Business Daily)
Cost of defensive medicine spurs heated debate Nov 5, 2009
A 2009 analysis from the nonpartisan Congressional Budget Office estimates that government health care programs could save $41 billion over 10 years if nationwide limits on jury awards for pain and suffering and other similar curbs were enacted. Those savings are nearly 10 times greater than CBO estimated just last year. (MSNBC -- Health)
Health-Care Reform's Hidden Taxes Nov 5, 2009
"It's a fiction," says Roberton Williams, a former Congressional Budget Office official now with the nonpartisan Urban Institute's Tax Policy Center. "The excise taxes won't be paid by the companies; they'll be passed right back to their customers.". (BusinessWeek)
Will Joe Lieberman Filibuster Health Care Reform, or Won't He? Nov 4, 2009
The Congressional Budget Office explains the perils of compromise and the limits of its own interest in health costs. Timothy Noah | Oct. 30, 2009. (Slate)
The Last Unsubsidized American Nov 4, 2009
Provided you suspend disbelief and accept the analysis of the Congressional Budget Office, the version of the health care plan approved by the Senate Finance Committee complies with President Obama's vow that the plan will not increase the federal deficit. Under this bill, the government will force individuals to buy health insurance but not employers. (Townhall.com)
Challenge president on health care Nov 4, 2009
Write this in official language so that the Congressional Budget Office can put accurate dollars to its cost. When this is done, ask the Republican side of Congress to do the same. (The Augusta Chronicle)
Reid signals timetable for health care may slip Nov 4, 2009
"We're moving on the same timeline. The House plans to vote on the health reform bill within days, and as Senator Reid said today, he shares the White House's commitment to passing meaningful reform by Christmas and will be moving swiftly once the Senate hears back from CBO," he said. The Congressional Budget Office is preparing cost estimates of a draft bill Reid completed last week. (MSNBC -- Politics)
Middle Class Would Pay Thousands for Healthcare Nov 4, 2009
A family of four making $66,000 could face a total health care bill of $10,000 -- counting premiums, copayments and deductible -- under the House Democratic health care bill, the Congressional Budget Office said Monday. And that's after counting $10,500 in government assistance. (Newsmax)
Health reform snarled in Senate Nov 4, 2009
Moderate Dems press for significant changes. Nov. 4, 2009 12:00 AM Wire services. (AZCentral -- News)
GOP to unveil plans Nov 4, 2009
There isn't yet a firm estimate of how much the entire plan would cost, nor is there a Congressional Budget Office estimate of how many people the Republican provisions would cover. Type Size. (AZCentral -- News)
OK, GOP, whats the plan? Nov 4, 2009
Cajunator wrote on Oct 28, 2009 5:04 PM:" What difference does it make what the Republican plan is? Democrats could pass a bill without them. Democrats now dominate Congress and the White House. The fact is, it's only a handful of Democrats pushing this "public option", while several others will never support a bill with it. Republicans aren't the hold up here. Whatever happens with healthcare, will be entirely owned by the Democrats. Nothing "inherited". I'm more confused about what the... (New Iberia, LA)
Unhealthy Taxes Nov 4, 2009
While Democrats have claimed the overhaul will cost $900 billion, the Congressional Budget Office puts the real cost at $1. 1 trillion. (Investors Business Daily)
'House Call' on Pelosi Thursday Nov 4, 2009
Pence: CBO Score is Moot ... The CBO score -- the estimate of the monetary cost of the healthcare bill -- keeps creeping up because of elaborate accounting measures that are buckling under closer scrutiny ... Democrats are touting the CBO score that estimates the cost of the bill officially around only $1. (Human Events Online)
The Top Ten Reasons the Baucus Healthcare Plan is Bad for America Nov 4, 2009
The Congressional Budget Office says it would leave 25 million people uninsured. Higher taxes. (Human Events Online)
Women and Obamacare Nov 4, 2009
The latest Congressional Budget Office (CBO) estimates just out are for a cost of $1. 2 trillion for the first decade, and everybody knows a government project will likely double the estimated costs at the very least. (Townhall.com)
Health care timetable could slip, Reid says Nov 4, 2009
Senator Reid has committed to the president that as soon as the Senate has the information back from the CBO they will move expeditiously to pass health reform, Pfeiffer said. A few hours later, Reid s office revised his remarks with a statement. (Boston Globe)
Talking Points Nov 4, 2009
But here's a hint: The Congressional Budget Office now says only two percent of Americans under 65 years old would participate in government-run health care, even though that program would cost more than a trillion dollars. "Talking Points" now opposes Obamacare. (Fox News)
Not So Fast: Reid Signals Delay in Health Reform Nov 4, 2009
There are also more practical hurdles, including the fact that Reid has not yet received an official analysis of his legislation from the Congressional Budget Office, and may not until late next week. Senators will not want to begin debating the legislation until they have the CBO's projection of how much it will cost and how it will affect the deficit. (Time.com)
Did Pelosi even read nearly 2,000-page bill? Nov 4, 2009
The article includes the Congressional Budget Office cost estimate of $894 billion. On average that amounts to about $450 million per page - very expensive paper indeed. (The Pantagraph newspaper)
TOP DEMS: No Health Care Bill in 2009 Nov 4, 2009
Reid is still waiting for the Congressional Budget Office to come up with an estimated cost of several possible variations of his bill before deciding which one to introduce in the Senate. That cost estimate, Democrats tell ABC News, is not expected until next week. (ABC News)
Reid: Not Bound by Timelines for Health Care Bill Nov 4, 2009
confirmed that the Congressional Budget Office would not complete its analysis of the overhaul this week. LOG IN NOT A SUBSCRIBER. (Roll Call)
Climate bill boycott shows sharp divide Nov 4, 2009
Barrasso, in a phone interview with the Star-Tribune on Tuesday, said he needs to see an EPA analysis of the impacts of the legislation and data from the Congressional Budget Office regarding costs before he's willing to begin debate. "To me, the fairness of what we're asking for is overwhelming," Barrasso said. (Casper Star-Tribune, WY)
Why Senators Can't Stop Calling the Public Option "Robust" Nov 4, 2009
In a "" last week, Congressional Budget Office Director Doug Elmendorf asked the existential questions "Which curve?" and "What does it mean to 'bend the curve'?"pointing out that the budget world is a boundless universe of different curves that can bend in different directions at different times. After an impressive start, the late-summer entry "death panel" also fizzled when reassuring news of its nonexistence inspired a nationwide. (Slate)
House to accelerate credit card rules Nov 4, 2009
Reid said he was awaiting a final cost analysis on the bill from the Congressional Budget Office. Valley water amendments fail. (Fresno Bee -- Business)
Health care legislation may have to wait until next year Nov 4, 2009
Reid said he was awaiting a final analysis of the legislation from the Congressional Budget office, a time-consuming process that makes it unlikely the Senate would begin debate before Veterans' Day, Nov. 11. With scores of amendments, Senate debate could take weeks. (Athens Banner-Herald)
Health care bill’s costs rising, analysts say Nov 3, 2009
While the Congressional Budget Office has put the cost of expanding coverage in the legislation at roughly $1 trillion, Democrats added billions more for public health, a reinsurance program to hold down retiree health costs, payments for preventive services, and more. Many of the additions are designed to improve benefits or ease access to coverage in government programs. (Boston Globe)
Read the 'Cost of Freedom' recap Nov 3, 2009
The Congressional Budget Office came out and said the Senate health care bill was going to cost less than expected, and all the Democrats celebrated. Now the CBO says the House version of the health care bill is going to cost more than expected. (Fox News)
Capitol comments: Two Georgia congressmen tackle health care Nov 3, 2009
The uncomfortable truth is that the non-partisan Congressional Budget Office has estimated that some versions of his plan will increase the deficit by as much as $239 billion over 10 years. In the House version, HR 3200 includes a section entitled: Tax on Individuals Without Acceptable Health Care Coverage. (Atlanta Journal-Constitution -- Opinion)
AP sources: House health bill totals $1.2T Nov 3, 2009
"It will not add one dime to the deficit. In fact, the CBO said last week that it will reduce the deficit both in the first 10 years and in the second 10 years," Daly said. Republicans put the cost of the bill at nearly $1. (USA Today -- News)
Health Care Progress Report: November 2 Nov 3, 2009
He is waiting to receive a cost estimate for it from the Congressional Budget Office. The generalities of the bill are known, since it combines the provisions of the two bills that came out of two separate Senate Committees (the bills written in step one). (CBS News -- Politics)
Valley workers feel pain of costlier coverage Nov 3, 2009
Under current law, the Congressional Budget Office estimates that in 2016 average premiums for employer-based insurance will rise to about $7,500 for a single policy and about $19,000 for a family policy. As workers choose health plans, skepticism abounds. (Fresno Bee -- Local)
Joe Lieberman's interest is Joe Lieberman Nov 3, 2009
As for the deficit, the nonpartisan Congressional Budget Office, which came down hard on earlier bills, said this one actually lowers it. No one seriously disputes the CBO numbers. (Herald Online, SC -- Opinion)
New House Health Bill Beyond Redemption Nov 3, 2009
055 trillion over 10 years to be exact, according to the Congressional Budget Office. At a time when the nation is trillions in debt, Congress wants to create a new health care entitlement that will speed up our fiscal insolvency, push new taxes on Americans in all income brackets and have a greater say over our health decisions. (Human Events Online)
Democratic Deficit Duplicity Nov 3, 2009
The same Associated Press story that contained that quote reported that fueling this Democratic concern over the budget was the Congressional Budget Office projection that the deficit could total $1. 76 trillion over the next decade. (Townhall.com)
How Will Obamacare Affect the Average American? Nov 3, 2009
She hears terms like individual mandate, employer mandate, and CBO score. But none of this helps her understand what health care reform means for her. (Townhall.com)
Harry Reid & Your Health Care Nov 3, 2009
More importantly, not even the CBO knows for sure; and, the Congressional Budget Office is in the official business of scoring all federal government programs. . (Townhall.com)
Health-Care Public Option Skeptics Find Support in CBO Premiums Estimates Nov 3, 2009
Public Option Skeptics Find Support in CBO Health-Care Study - Bloomberg ... Public Option Skeptics Find Support in CBO Health-Care Study ... A family of four with an annual income of $66,000 would be eligible for $10,500 in subsidies if they purchased insurance on health exchanges created under the bill, and would still pay $10,000 to cover premiums, deductibles and copayments, the CBO said. (Bloomberg -- US)
Former Defense Department official joins Oshkosh board Nov 3, 2009
Hamre also worked for 10 years as a professional staff member of the Senate Armed Services Committee and served in the Congressional Budget Office from 1978 to 1984. In 2007, Secretary of Defense Robert Gates appointed Hamre to serve as chairman of the Defense Policy Board, a federal advisory committee to the U.S.. (Milwaukee Business Journal, WI)
Health Care Plan Hits Rich with More Taxes Nov 3, 2009
Now the CBO says only 2 % will take the Public Option,Obama wants to spend a trillion dollars to cover 2 % of the population,and the rest of us will have to suffer for it. what kind of Fuzzy math is that. (CBS News -- Health)
Can GOP stop health care bill? Nov 3, 2009
Both men disputed a report from the nonpartisan Congressional Budget Office that found the House Democrats' plan would lower the federal deficit despite its nearly $1 trillion price tag. More on ajc. (Atlanta Journal-Constitution -- Metro)
CBO Says Some Middle Class Families Would Pay Thousands For Health Care Nov 3, 2009
WASHINGTON (November 2, 2009)--Some middle-class families would still face a big budget hit for health care, even with the new help that Democrats want to provide, government experts said Monday. For example, a family of four with an annual household income of $66,000 could face a total annual health care bill of $10,000 counting premiums, copayments and deductibles under the House Democratic health care bill, the Congressional Budget Office said Monday and that's after counting $10,500 in... (KWTX.com, TX)
New US health bill totals US$1.2tril over 10 years Nov 3, 2009
While the Congressional Budget Office has put the cost of expanding coverage in the legislation at roughly US$1 trillion, Democrats added billions more on higher spending for public health, a reinsurance program to hold down retiree health costs, payments for preventive services and more ... The Congressional Budget Office is seen by lawmakers as the arbiter of claims about the costs and effects of proposed legislation, and the agency has been under intense pressure in recent weeks to compete... (The Star Online, Malaysia)
No Lines to Get Into CBOs Fan Club Nov 3, 2009
No Lines to Get Into CBO s Fan Club - Roll Call ... No Lines to Get Into CBO s Fan Club. (Roll Call)
Rep. Davis to vote 'no' on health care act Nov 3, 2009
Davis, who is seeking the Democratic nomination to become Alabama's next governor, concluded saying he believed the public option will actually cost more than most private insurance plans and cites Congressional Budget Office estimates that fewer than 2% of Americans would end up in the public option. You must be logged in to rate this story. (WSJA.com, AL)
Senate GOP Plans Boycott of Climate Bill Nov 3, 2009
Inhofe had no immediate reply, but Republicans have said they plan to shun the meeting because they lack a full review of the legislation from the US Environmental Protection Agency and the Congressional Budget Office. They have also reportedly said that the committee's rules forbid Boxer from holding a work hearing on the legislation without at least two Republicans present, a claim challenged by Democrats. (Newsmax)
Study: Public Option May Benefit Insurers Nov 2, 2009
CBO Says Gov't-Backed Coverage Would Attract Only 2%, Mostly the "Less Healthy," Driving Down Private Plans' Premiums ... Larger rolls of healthier individuals equals cost savings for the average insuree according to the CBO.. (CBS News)
King: One year after Obama's victory Nov 2, 2009
Senate Majority Leader Harry Reid's hybrid health care plan is awaiting scorings from the Congressional Budget Office, and those numbers will shape his effort to round up the 60 votes he needs to command the debate. Floor action could begin in the House, too. (CNN)
Health-Care Battle Goes Public as Measures Near House, Senate Floor Votes Nov 2, 2009
055 trillion over 10 years, according to a Congressional Budget Office. Pelosis office says the price tag is $894 billion, a net figure that takes into account new revenue such as penalties for not buying insurance. (Bloomberg -- US)
Some doubt constitutionality of a federal health insurance mandate Nov 2, 2009
When the Clinton administration considered such a plan in 1994, the Congressional Budget Office said it would be an unprecedented form of federal action. The government has never required people to buy any good or service as a condition of lawful residence in the United States, the agency said. (Boston Globe)