CBO Says Senate Health Bill Will Reduce Deficit

CBO Says Senate Health-Care Bill Would Reduce Deficit

Health care legislation drafted by a key Senate committee would expand coverage to 94 percent of the eligible population at a 10-year cost of $829 billion, congressional budget experts said Wednesday in a preliminary estimate.

The Congressional Budget Office added that the measure would reduce federal deficits by $81 billion over a decade and probably lead to "continued reductions in federal budget deficits" in the years beyond.