Washington (CNNMoney.com) - The momentous vote the House took on Sunday made far-reaching changes to the American health care system.
When enacted, it will extend coverage to 32 million more people. It will protect policyholders from being bounced for pre-existing illnesses. It will expand Medicare prescription drug coverage and offer subsidies to help people pay for insurance.
The expansion of coverage isn't cheap. According to a preliminary estimate by the Congressional Budget Office, the legislation would cost $940 billion over the course of a decade. Offsetting provisions would reduce deficits by $143 billion in the first 10 years and by more than $1 trillion in the following decade.
But the economic mechanics of health care reform are exceedingly complex. Does the legislation do enough to protect the budget?
CNNMoney asked a panel of fiscal experts to size up the legislation from a budget perspective.