Thursday, March 26, 2009

CBO Numbers Shake Up Health Reform Debate

have produced the tremors that could re-open the fault lines along the road to health reform. ast week’s estimates by the CBO on the proposed Obama budget. The CBO said the budget would produce a nearly $9.3 trillion deficit over the next decade and increase budget deficits to more than 4% of GDP each year over the next decade.

"Still stunned from that report, and under immense pressure from moderates in the Democratic party to cut spending, both the House and Senate Budget chairs have made it clear they intend to reduce the Obama budget and see the Congress proceed with health care reform following the pay-go rules.," Laskewski writes. "That would mean any new health care reform spending over the next ten years needs to be offset with either cuts to existing spending or with new revenue."


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