Seven Important Facts in the Baucus Bill’s CBO Report
By: Gregg Levine Wednesday September 16, 2009 8:00 pm
Today, Senator Max Baucus (D-MT) released the Chairman’s mark of his health care reform bill along with a CBO report on the legislation. I’ve found seven interesting and important issues in the report.
1. It looked like Baucus purposely left himself a small possible giveaway to liberals. His bill in fact saves $49 billion, which could be used to increase subsidies by that amount while still keeping it budget neutral. A little “look, liberals won something”:
According to CBO and JCT’s assessment, enacting the Chairman’s proposal would result in a net reduction in federal budget deficits of $49 billion over the 2010–2019 period
2. It appears that the CBO agrees with almost every health care reform expert and also concluded that Conrad’s small state-based co-ops are worthless.
The proposed co-ops had very little effect on the estimates of total enrollment in the exchanges or federal costs because, as they are described in the specifications, they seem unlikely to establish a significant market presence in many areas of the country or to noticeably affect federal subsidy payments.
AFL-CIO Convention Endorses Medicare for All
by Randy Shannon

