Word: cbo
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...lack health insurance. And a vast expansion of Medicaid, coupled with billions of dollars in subsidies to help low- and middle-income Americans buy insurance, would help ensure that most people end up spending less on their health bills, according to a new analysis by the Congressional Budget Office (CBO), Congress's independent scorekeepers. (See 10 players in health-care reform...
...other, more difficult to quantify elements such as the excise tax on high-cost insurance that will bring down costs as we grow. On the flipside, if we keep the current system, our general fiscal health will decay along with the initiative of many might-have-been trailblazers. The CBO has also estimated that by 2016 premiums will be $15,000 for a family of four in the Exchange, well below the $24,000 family premium expected if Congress fails...
...after receiving a positive budget score from the CBO for his health-reform bill, Senate majority leader Harry Reid told his caucus that he hopes to hold the first test vote - on the motion to proceed - by 8 p.m. on Saturday. In the face of a promised GOP filibuster, that will require 60 votes, which is exactly the number Reid has in his Democratic caucus. While several Democrats have yet to commit to voting with Reid on the motion to proceed, the majority leader is "reasonably confident" that they will be with him when the time comes, says spokesman...
...hard to overestimate the complexity of Reid's task. His first challenge, which is expected to come as soon as he can obtain cost estimates for his bill from the Congressional Budget Office (CBO), will be to get the legislation onto the floor, with a normally routine procedural vote known as a "motion to proceed." While Reid doesn't have his 60 votes locked down for it, the betting is that he will. More uncertain is whether he will find that many to get the bill out of the Senate, which will require a second, more contentious vote...
...addition to all these public battles, Reid is waging private ones as well, according to sources on and off Capitol Hill. He has complained to colleagues that the White House has pressured him to lean on the CBO to speed its cost estimates of the measure - something that could easily be seen as exerting improper influence on the CBO's calculations, which are supposed to be free of political pressure. And he has been pleading with liberal interest groups to ease up on Senator Joe Lieberman - an independent whom Reid counts as part of his 60-member caucus - over Lieberman...