WASHINGTON (CNN) - The Congressional Budget Office has told Congress that one of the major health reform bills moving in the Senate would cost about $1.6 trillion over 10 years, multiple congressional sources told CNN.
That figure, based on the CBO's recent findings, is well above what leaders of the Senate Finance Committee, which is writing the bill, say is their goal - to bring the overhaul in for under $1 trillion.
When Finance Committee Chairman Sen. Max Baucus, D-Montana, was asked earlier Tuesday about a rumored sky-high estimate from CBO, he refused to confirm the figure but said it was outdated.
"That reflects policy of almost two weeks ago," he said. "And doesn't reflect savings in the bill."
When asked what had changed in two weeks, Baucus replied, "senators talking to each other" about "new, better ideas."
On Monday, the non-partisan CBO produced a cost estimate on a different Senate bill - one written by the Senate Health, Education, Labor and Pensions Committee - saying it would cost $1 trillion, but would not insure as many people as the Democratic leaders of that committee had hoped.