Tags: Healthcare Reform | US | Health | Overhaul | Budget

Budget Office: Democrats' Bill Covers 94 Percent

Saturday, 19 Dec 2009 01:10 PM

 

Congressional budget scorekeepers say the latest Democratic healthcare bill would cover 94 percent of eligible Americans while reducing the federal deficit.

The Congressional Budget Office said Saturday the changes announced by Senate Majority Leader Harry Reid would cut the deficit by an additional $2 billion, bringing the 10-year total reduction to $132 billion.

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The nearly $900 billion bill would be paid for by $483 billion in cuts to Medicare and other federal health programs, as well as tax increases.

The number of people covered by employers would decline slightly from projected levels, as workers at small businesses take advantage of federal subsidies to purchase their own plans.

It would leave 23 million people still uninsured in 2019.

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