March 18th, 2010
09:49 AM ET

Source: CBO estimates health care bill at $940 billion

[Updated at 9:51 a.m.] House Minority Leader John Boehner said Thursday that the GOP will "do everything we can" to ensure the health care bill as it is "never, ever passes."

"It's time to scrap this bill," Boehner said. "They're gonna continue to ram, ram, ram, this bill ... to try to get it through Congress without a vote."

Boehner added the health care legislation shouldn't be about Barack Obama or Speaker of the House Nancy Pelosi, who have been vocal about their feelings that the bill needs to be passed.

Boehner's comments came after a House Democratic source told CNN Thursday that the Democrats' revised health care bill will cost $940 billion over the next 10 years.

[Updated at 9:49 a.m.] Rep. Henry Waxman, D-California, told CNN that the CBO estimates on the health care bill are "better than expected."

The health care bill passed by the Senate in December would cost $875 billion over the next decade while reducing federal deficits by $118 billion, according to the CBO.

Democrats have been making a series of changes to the Senate bill in recent weeks in part to make the measure more acceptable to House liberals.

[Posted at 9:21 a.m.] The non-partisan Congressional Budget Office estimates that the Democrats' revised health care bill will cost $940 billion over the next 10 years, a House Democratic source told CNN Thursday.

The bill cuts the deficit by $130 billion during that period of time, according to the source. It would reduce the deficit by another $1.2 trillion in the following decade, the source said.

The measure extends health insurance coverage to 32 million Americans, helping to guarantee that 95 percent of Americans will be covered, the source  said. It also reduces Medicare expenditures by 1.4 percent annually while extending Medicare's solvency by at least 9 years, the source added.

Share your thoughts on the health care bill

–CNN's Dana Bash and Brianna Keilar contributed to this report.

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Filed under: Barack Obama • Congress • Health Care
soundoff (74 Responses)
  1. Bill Blathers

    This is a scam. Tell me one federal program that attempted to mimic the private sector that didn't fail miserably.

    Come on, tell me!

    NOTHING. It's never happened.

    How about those CBO numbers? Can we trust them? Well, could we trust the Obama admin saying that unemployment would never go above 8%? LOL

    A huge con this is. So many suckers and ideologues who ignore history and naively consume anything the federal government feeds them under the Obama admin.

    March 18, 2010 at 11:24 am | Report abuse |
  2. Steve Merrill

    I completely agree with the other posters who note that the headline is intentionally inflammatory. The CBO's assessment came to two major conclusions everyone should have an interest in: That it will cost $940B over 10 years, and trim roughly $130B from the deficit over that same period. Both those numbers are a vital part of this story, whether you believe them or not, or whether you personally find the risk involved with programs this large an unreasonable gambit.

    News sources like CNN, MSNBC, CBS, etc, however, routinely look for the hook that will raise ire– and they all do it. The fact that the current headline is actually an incomplete thought and so is effectively inaccurate (the bill, by the CBO's estimate, is *actually* a savings), will not trouble the editors. It should. But it won't.

    March 18, 2010 at 11:56 am | Report abuse |
  3. Pat Era

    It is high time the fence-sitters crossed over in favor of the Healthcare Bill.
    A food for thought: Let those Democrats who fear backlash should they support the Healthcare Bill ask themselves these few questions: Do they really believe that Republican voters would vote for them whether or not they supported the healthcare Bill? How will they feel to realize that the Healthcare Bill failed because of them – having come thus far in 75 years? What good political interest does it serve them and their Party to give their Party Leaders and the Nation's President a public humiliation by voting against the Bill? Do they really believe there is going to be a time when a perfect bill will come out of the Legislative Mill all at once? – Is it not a better sense and good politics to continue the process of keep building and perfecting what this bill would have started – than nothing Now? Why are they (including members of the Media) reading the polls upside down? Americans are not happy because of your foot-dragging on this Bill – which will ultimately work for America.
    I hope they would let common sense prevail by voting for the Healthcare Bill – the interest of the nation,especially the poor and weak amongst us should take precedents over any special interest out there – we owe this to posterity.

    March 18, 2010 at 12:12 pm | Report abuse |
  4. TMN

    There are so many comments on here claiming that this is a socialist plot, and armchair economists claiming that the people who do this for a living obviously made a mistake. You'd think from reading this that Obama seized power in a coup and is holding the country against the will of the people. Out in the real world, though, a majority of the country voted for exactly this platform a little over a year ago, and are going to be pleased when he follows through on it.

    March 18, 2010 at 12:38 pm | Report abuse |
  5. Eugene Maciag

    To all the people that are against the health care bill. I have one qustion. Did any of you ever have to pay for health care on your own?

    March 18, 2010 at 2:03 pm | Report abuse |
  6. John

    Seriously, how do people not get it.
    Over one decade the bill will cost $940 billion which is less than what we would spend without this bill. How much less? Enough to save us $130 billion over the first 10 years and an additional $1.2 trillion the next 10 years.

    So, we cut the deficit by $1.33 trillion in the next 20 years!

    March 18, 2010 at 2:55 pm | Report abuse |
  7. Calum Cummins

    Healthcare should not be for those who can afford it alone; the job of government is also to help it's people, not just to ensure that businesses keep making huge profits.

    March 18, 2010 at 3:23 pm | Report abuse |
  8. Jack Beslanwitch

    How many more have to die because this country does not cover all of its citizens for at least basic health care as most of the rest of industrialized world does. I am 57 years old, do not have health care and cannot afford it. I am one major illness away from being out of my house and on the streets. Is this justifiable for America. I do not think so. Not passing this bill, not covering all our citizens, kills, I would say something stronger but won't, but it kills many who cannot afford to go to health care until it is too late. If we are a country of compassion and fiscal responsibility then pass it. If we are I have mine and the rest of you can DIE, then don't.

    March 18, 2010 at 4:14 pm | Report abuse |
  9. Snacula

    Sounds like another great idea from our great government. They really know how to spend our money, don't they? 22%tax all around will take care of our issues. Health care BILL. Jobs BILL. Everything in US is a bill to tax paying Americans. Don't want to work? We'll take care of you. Don't want to come here legally? We'll take care of you. Freebies for the lazies, and stealing from the payees. Junk, junk, junk. I am so sick of the way our government runs things.

    March 18, 2010 at 4:32 pm | Report abuse |
  10. charles

    The health care bill says it will provide health care coverage for 95% of Americans. Therefore, 5% of the Americans will not get health care. Who is in the 5% bracket?

    March 18, 2010 at 5:29 pm | Report abuse |
  11. Donita

    You really want this passed? Those of you with health insurance will be the ones footing the bill not to mention your children, grandchildren and great grandchildren will be paying for this. Remember if you're 50 and older the government will tell you if you can get treatment - did you forget that this was in the bill? If they truly wanted reform and cheaper insurance they would go after the drug companies, the middlemen and out of line lawsuits. Real reform doesn't require bribing some senators with very large perks for their states. Our government has forgotten to listen to the people. Drop this joke and start doing something to put people back to work. People without money aren't going to pay the grossly out of control taxes that you're going to need to pay for this bill.

    March 19, 2010 at 12:46 am | Report abuse |
  12. Wil Petty

    Ok, since when did the Tea Party start spamming CNN?

    No but on a more serious note, did nobody read that it would save 1.2 trillion in the following decade? Well let's put our thinking caps on, that s-a-v-e-s money. Stop with the lies already... actually think for yourself. Half of the people who are protesting this are ones who probably need it, but follow blindly behind people who make 5-10x what they make. Stop telling us to wake up, when your the ones who need to. Stop talking about how our (my) generation is going to have to pay for this when we see that it will be paid for by the time we get to this point you speak of. Furthermore, stop complaining about how one thing is socialist, but get angry about big brother trying to do (insert lie here) with your social security or Medicaid... Guess what both of those are socialist policies.

    Most importantly for the love of Christ (yes liberals believe in God too), get an education! It will do wonders for you the unemployed and for you the uneducated, and yes you the I don't know how to do actual research so I go by word of mouth.

    March 19, 2010 at 3:24 am | Report abuse |
  13. David J. bedtelyon

    I am a four year vet from the VN war. The health care that the government makes available is badly flawed. A couple of instances in my dealings with the Veterans administration.I waited a year and a half from the time of requesting a colonostophy.After two days of cleaning myself out, I drove from Naples Fl to Bay Pines In Tampa only to be told by a Doctor with ruffled hair that he was not doing the procedure because ,one of his girls did not show up. On another choice incident, I drove back up to Bay Pines for a noon appointment with a dermatologist to examine a sore on my lower lip. The receptionist kept telling me that the Doctor was on a long lunch. She never showed up and I wasted another day in my life. Weeks later she got a technician in fort Meyers to take a camera view of the area and explained that there was nothing out of order. I went with private insurance after these episodes.Dr Jaffe at the Naples cancer center operated twice, removing a section of my lip and leaving me with seventeen stitches.Dr Wendsenried in Naples, handled the colonostphy with in a two day appointment. Thank God for private insurance and making my own choices. A National health program scares the hell out of me. I can document this information and if you let your elected officials vote in favor of this bill, yu will live to regret it.

    March 20, 2010 at 10:23 am | Report abuse |
  14. Roger

    1) Who is the"source" cited in this letter?

    2)Changes to the existing senate bill implies that this is no longer the original senate bill passed in December and therefore must be voted on again. The Constitution forbids changing any part of any bill.

    March 22, 2010 at 5:08 am | Report abuse |
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