Washington (CNN) - The non-partisan Congressional Budget Office has estimated that the Senate health care bill would cost $849 billion over 10 years, according to a senior Democratic source and an administration official.
The CBO projects the measure would reduce deficit by $127 billion and insure an additional 31 million Americans, according to the sources.
Ninety-four percent of Americans would be covered under the bill, the sources noted.
–CNN's Dana Bash contributed to this report
Update: The talking points sent by the Senate Democratic leadership to aides after the news broke stressed fiscal discipline. "(The CBO) findings will give us a great momentum as we move forward," read the memo.
"These findings will please all members of our caucus who have made fiscal discipline a priority in this debate as well as all members of our caucus who have made affordable care a priority. ... Senate Republicans who have on many occasions during this debate hailed the primacy of the CBO will have a hard time arguing with these numbers without being hypocritical."
At some point, we as Americans have to decide on which is more important – higher costs or saving lives.
It really is that simple...
That Democratic talking point there is a very good one. After using CBO numbers extensively in their commercials, the Republican'ts will no longer have a leg to stand on.
$849 billion for something that does not create jobs and does not lower the cost of health care is fiscal discipline?!?!
Our economy is on life support and unemployment is at 10% and rising. Is this really the time to spend $849 billion for something that does not address either of these issues?
and the final nail in the coffin for the dems in 2010. Oh and 2012 (if impeachment doesnt occur first) say by by to the ditherer and chief. Hey libtards, enjoy the short time left that you have any power in this country because you will be thrown back in the cesspool you crawled out of very soon.
$84.9 billion per year - less than the war in Iraq to get the man that "tried to kill my daddy".
Suck it up republicans.
We suffered the village idiot 8 years. NO MORE to the party of NO
There is no fiscal reason to not get this done at this point. If all you can argue are platitudes about socialism and government takeovers, you really have nothing to say. We have problems that need to be solved here in the US and we don't need right wing nuts taking every opportunity to run down their political opponents for their own gain.
When they get sick and lose that insurance that they think they have then they will love the current bill. I have primary and secondary coverage and they suck so I feel sorry for thoser who have none. I would prefer a goevernment run health system to the two i currently have. The problem right now is that Americans who have coverage are just selfish because they are not willing to give up nothing to assist other Americans. republican politicians don't care about Americans. No price should be put on an American life, no matter how much it cost to cover every American it should be done. Republicans prefer to spend bllions on wars or send money to other countries but not to save American lives. I hope those against the current bill will at some time lose their jobs so that they can experience what others without healthcare are experiencing. In addition, they might thingk that they have coverage, but let them get sic and realize that their policy does not cover what they thought it did.
Billions for war ... nothing for Americans ... just what is wrong with this picture? Halliburton/Blackwater profits alone (on their no bid contracts) could support quite a few average Americans ...
It is really a shame how stupid you people really are.
the repos won't agree to anything. They dislike our presiden as do the wing nuts. No matter what it all comes back to remarks about the president not the health care . Look at the write in comments here today.
Too much. If I were Bumbles, I wouldn't spend another penny for the next three years.
What are you concervatives whinning about, How do you know is a bad bill? you havent even given it a chance. just goes to show how obstructionist the republican party has become. A bill that extends health insurance to 94% of americans, and reduces the federal deficit by 127 billion dollars!!? it doesn't get better than than...no bill will be perfect. This HAS to get done. My parents can't afford the current high priced insurance options and they need it NOW.
So President Obama comes out today and says that the national debt is a problem and could cause a double dip recession.
What is the response of his party? Another 894,000,000,000 bill. That makes sense.
Anyone who truly believes that this bill will reduce the federal deficit is blissfully unaware of history and economics. There is no doubt that this bill will increase the federal deficit. It will turn into a huge budget buster. Medicare was grossly underestimated as this bill has and will be. I'm not against universal coverage but we need to wake up and realize that this is going to cost all Americans, not just the wealthy (there are not enough wealthy people to pay for it). The only way to provide for this bill in the long term is to increase taxes on everyone, and quite frankly, everyone should contribute something. Of course the other way is to reduce payments to health care providers and hospitals which of course will happen. Of course, this will mean that the quality of individuals seeking out health care positions will sky dive. What doctor would want to want to work 60 to 70 hours a week, carry a back breaking malpractice premium, pay back 150K or more in student loans, be sued all the time for not ordering tests that they are not allowed to order anymore and make 100K a year before taxes. I see lots of mediocrity in our future.
Good...now cram it right down the Republicans' pie hole. Remember the old saying...you are either with us or against us.
Republicans are AGAINST us...they're against YOU.
GOP: Evolve or die...
This bill will reduce the deficit.... Sure – anyone want to take a bet on that?? I think we should also give these folks without insurance a cell phone too! Oh wait, we have done that. Lets give them some money to help them buy a new car! Oh wait, we have done that. Lets help them alter their mortgage they never could afford and lower their payments. Oh wait we have done that(and may need to do it again)! The number of folks in this country looking for the next handout is pathetic! I say help the truly sick and needy but let the lazy ones, addicts and miscreants fend for themselves...
Wait....doing the math, the bill ($849 billion) covers an additional 31 million people. With simple division, that comes to a total cost to the taxpayer of more than $27,000 per person covered...is it just me, or is that completely insane???
Anyone with a better solution put up or shut up.We don't care what the republicans think about this bill.I'm so sick and tired of them playing politics with human lives as more and more people die every day because they can't afford health insurance.It is a sin that these people run around in congress stopping this bill when we stood by helplessly for eight freakin years and spent billions of the very same taxpayers that are dying money to pay for a war in Iraq that should not have been,not to mention the thousands of lives lost and many wounded.Then you have Sarah Palin getting someone else to write a book of distortions and lies for her only for political gain..what a joke these people are.Oh and Sarah like our president no! I won't be reading your book!!!
Lie, lie and more lies
There must be a less expensive way to require insurance companies to
keep their premium costs low, as well as to pay whether or not a subscriber has what they claim is tied to a pre-existing condition. The Health Insurance industry currently has no evidence-based criteria to support pre-existing conditions, such as pimples in the teen years. They really need to be accountable for proving the pre-existing conditions they
use for their excuses to deny claims are directly related to the present condition. And even then, they should be required to pay the claims.
The Democrats are not interested in controlling costs or helping average Americans obtain health insurance... they're just looking for more ways to expand their own power and that of their special interset groups.
I don't like this. Requirements of health care is dead wrong. I would never buy it if I were young. Pay as you go. Best way.
I cannot stand the smell of the Republican party but this bill is no good and needs major revision.
Zero care other than a ticket for illegal aliens. Native Americans must sign on as US citizens to get a penny.
$849,000,000,000 Are you crazy?
You could give every American $1 million per year for health care in a health savings account and it would only cost 3 billion over 10 years.
I would be more concerned about the US taxpayers and voters, of which a majority opposes this nonsense. US Congress has never in history,let me say it again, never in history taken a pricey project like this and turned it into a debt reducer. Now what makes this special? All of you rah rah liberals that are just wetting in your pants over this disaster, your taxes are going up to pay for it and so are mine. Anyone in their right minds should know that in these difficult times when benefits are being extended for laid off workers, welfare roles and food stamp applications are at the highest in history, and we are out of section 8 housing for the poor, it is not the time to spend $89 billion per year on healthcare.
Bottom line, Congress can make it as cheap as they want, but Congress can't make lazy "A" people get up off their "A" and actually pay that cheap Health care. They would prefer to continue to suck on the Gov "T" and drain our nation, while the hard working suffer. Come on people be real, do you really think people out there will actually pay, NOT. Most of them are more worried about buying a six pack of beer (est $7.00) a pack of smokes (est $5.00) so that they can sit on their "A" drink their beer, smoke their cig and complain about how the Gov. doesn't work but ironically they never voted. I protect these people and proud to know that I would lay my life down so that they can express themselves while enjoying their beer and smokes on the back porch!