CBO Revises Estimate of the Cost of Senate Health Care Bill Upwards by $50 Billion

in Gold Bullion prices by admin — March 19, 2010 1:07 am | no comments

The Congressional Budget Office (CBO) has revised its estimates of discretionary spending provisions in the Senate health care bill – adding more than $50 billion to the price tag of reform, cutting in half the potential savings of the Senate bill. In a March 15 memo, CBO said it had identified “at least $50 billion in specified and estimated authorizations of discretionary spending that might be involved in implementing” the Senate bill. Discretionary spending is the use of funds not required by law, which are inserted in periodic appropriations bills that Congress passes to set the spending level of the… Original Article: Forum: News/Activism

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CBO Revises Estimate of the Cost of Senate Health Care Bill Upwards by $50 Billion

Tags: adding-more discretionary spending estimates feeds funds-not health care bill politics potential price tag senate health spending spending-level