The CBO numbers end the debate
Ezra Klein reports that the Democrats have their hands on the numbers:
According to a Democratic source, CBO has finished its work and will release the official preliminary score later today. But here are the basic numbers: The bill will cost $940 billion over the first 10 years and reduce the deficit by $130 billion during that period. In the second 10 years — so, 2020 to 2029 — it will reduce the deficit by $1.2 trillion. The legislation will cover 32 million Americans, or 95 percent of the legal population.
To put this in context, that’s more deficit reduction than either the House or Senate bill, and more coverage than the Senate bill.
That does not bode well for opponents of the bill. Meanwhile, Paul Ryan’s office has released a statement reasserting that the CBO has not released its report yet:
“The Congressional Budget Office has confirmed that there is currently no official cost estimate. Yet House Democrats are touting to the press – and spinning for partisan gain – numbers that have not been released and are impossible to confirm. Rep. James Clyburn stated he was “giddy” about these unsubstantiated numbers. This is the latest outrageous exploitation by the Majority – in this case abusing the confidentiality of the nonpartisan Congressional Budget Office – to pass their massive health care overhaul at any cost.”
UPDATE. Luke Russert confirms the numbers are genuine. My gut is that if the numbers hold, then this ends the debate and the bill will pass. There’s too much heat on the fence-sitting Dems for it not to pass.