Initial report is that health care bill will cut deficit by $100 billion

We’ll be hearing more about this as the day goes on, but the early report on the CBO numbers shows a decline in the deficit:

U.S. House Majority Leader Steny Hoyer said on Thursday that proposed final healthcare legislation would cut the U.S. deficit by more than $100 billion over the first 10 years.

Hoyer told reporters that the Congressional Budget Office said the sweeping healthcare overhaul would cut the deficit by more than $1 trillion over the subsequent decade. The CBO is expected to release its official estimate of the cost of the Democratic-written legislation on Thursday.


On October 27, 2010, Joe was one of five bloggers who interviewed President Obama. Joe is a DC-based political consultant with over twenty-five years of experience at both the state and federal level. Joe has managed political operations and legislative efforts for both candidates and issues-based organizations. For seven years, he was the Director of State Legislation at Handgun Control, Inc. He served as that organization's first Political Director during the 2000 cycle. Joe is a graduate of the University of Maine School of Law. In addition, he has a Masters in Public Administration from Lehigh University and received his B.A. from the University of New Hampshire. Joe also has a fun dog, Petey, a worthy successor to Boomer, who got Joe through eight years of Bush and Cheney. Joe likes to think he is a world class athlete having finished the 2005 Chicago Marathon in the time of 4:10. He has completed six other marathons as well -- and is still determined to break the four hour mark.

Share This Post

© 2017 AMERICAblog News. All rights reserved. · Entries RSS
CLOSE
CLOSE