The Congressional Budget Office just sent its scoring of the Baucus Bill to the Hill.
Here are the headlines:
**$81 billion in deficit reduction over 10 years (meeting President Obama's one bright red line) CBO also projects "continued reductions in budget deficits" after the first ten year window.
**$829 billion total cost
**Covers 29 million of the currently uninsured, ultimately achieving 94% coverage.
GOP will zero in on cost-benefit: nearly a trillion dollars to cover an additional 5-7% of the population over the next several years. Dems will emphasize the bottom line: no increase in deficit, below Obama's upper range of $900 billion.
More to come…
- George Stephanopoulos