House Budget Committee Ranking Republican Paul Ryan (WI) issued the following statement:
“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.”
According to The Hill:
“The comprehensive health reform legislation will cost $940 billion over the next decade, the Congressional Budget Office (CBO) said Thursday.
“The nonpartisan budget office told lawmakers that the health bill set for a vote this weekend would cut the deficit by $130 billion over the next decade, and $1.2 trillion in the second decade of the plan’s implementation.”
Text of CBO analysis and Text of actual reconciliation package are expected later this morning.
