June 11th, 2009
05:36 PM ET
14 years ago

Health reform reality check: The cost

NEW YORK (CNNMoney.com) - Ah, summer: Time to enjoy a quiet vacation. Kick back with a good book. Walk on the beach.

Not Douglas Elmendorf. He'll spend the next two months suffering voodoo-eyes from powerful people on Capitol Hill.

Elmendorf is director of the Congressional Budget Office, the ordinarily low-profile federal agency that will estimate how much money health reform will cost or save.

The CBO's estimates, the first set of which are due next week, carry a lot of weight because Congress uses them in making legislative decisions.http://politicalticker.blogs.cnn.com/wp-admin/post-new.php?preview=true

In an age of trillion-dollar budget deficits, the numbers will carry even more weight than usual.

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