Wednesday, October 7, 2009

CBO: Scores and Shoots

"The Congressional Budget Office has done a preliminary score of the Senate Finance Committee health care plan. It’s preliminary because there isn’t yet an actual text of the bill, only legislative specs. The bottom line: CBO estimates that bill would cost $829 billion over the next ten years, but that because of the new taxes and penalties, various Medicare cuts, and cost-control measures the bill promises, it would actually reduce the deficit projection for the next ten years by about $81 billion, from $7.14 trillion to $7.06 trillion—assuming all those taxes, cuts, and measures were in fact carried out as proposed."

Perhaps Winston Churchill might have reserved his "riddle, wrapped in a mystery inside an enigma" observation for this CBO scoring.

And, FWIW, here's Karl Rove's current observations on the health care debate (h/t The Corner):

The take away from Rove:

"This battle is far from over. But what Democrats have to keep in mind is that there are two fights going on here—one over health care and another over which party will control Congress after next year's elections. By waging the first, they may be setting themselves up to lose the second."

No comments:

Post a Comment