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October 8th, 2009
05:41 PM ET

Agency predicts health care bill will cost $829 billion

From left: Sens. Michael Crapo, Jim Bunning, Jim DeMint and David Vitter discuss their resolution Wednesday.

From left: Sens. Michael Crapo, Jim Bunning, Jim DeMint and David Vitter discuss their resolution Wednesday.

CNN

A compromise health care proposal widely seen as having the best chance to win Democratic and Republican support would cost $829 billion over the next 10 years, nonpartisan budget analysts concluded Wednesday.

It also would reduce the federal deficit by more than $80 billion, according to a report from the Congressional Budget Office.

The review of the Senate Finance Committee's amended bill sets the stage for the next step in the politically charged debate over health care reform. Committee members have been waiting for the Budget Office's cost analysis before voting on their version of the bill.

The Finance Committee is the last of five congressional panels to consider health care legislation before debate begins in the full House and Senate.

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Filed under: Health Care
soundoff (3 Responses)
  1. Brian Riback - Waldwick, NJ

    So what? Let it cost what it costs. After 8 years of the Republicans ruining this country...what's wrong if we spend more at this point? The truth is, if you subtract out what the Republicans wasted and pretend for a moment it didn't happen...this pales in comparison.

    October 8, 2009 at 8:25 pm |
  2. alex lyrics

    who cares what it cost, people need help get it done

    October 8, 2009 at 7:38 pm |
  3. Mari

    PASS THE HEALTHCARE BILL & HEALTHCARE REFORM CONGRESS!

    45, 000 AMERICANS DIE EACH YEAR FROM LACK OF HEALTHCARE!

    WHY IS AMERICA NOT OUTRAGED BY THIS?

    October 8, 2009 at 7:23 pm |