On the recordJanuary 21, 2010
Didn't that same CBO letter also say the health care bill that passed the Senate would reduce the budget deficit? The Senator is throwing out these huge figures--it is going to cost $2 trillion and so on and so forth. I don't know where the Senator got that figure because the Congressional Budget Office, in that same letter or a similar letter--either that letter, in an earlier letter, or in a subsequent letter--reaffirmed that the bill passed in the Senate cuts the budget deficit by $132 billion the first 10 years and cuts the budget deficit by between $650 billion and $1.3 trillion in the next 10 years. That is what the letter says. The Actuary said the bill extends the life of the Medicare trust fund I think 5 or 6 more years--maybe more than that. Isn't it true that CBO letter said that the Senate bill reduces the budget deficit by $132 billion in the first 10 years and reduces it in the second 10 years by between $650 billion and $1.3 trillion? Isn't that true?
