CBO: New Healthcare bill saves nearly 120 billion, moved to the Senate. Senate Obamacare repeal is expected next month
Posted on | May 24, 2017 | No Comments
The bill moves on to the Senate
The CBO’s newly estimated deficit savings mean the bill can safely move on to the Senate.
The future of the bill hinged upon this report, as House Republicans passed their most recent version of the bill without waiting for the CBO to report the bill’s estimated price tag. Three weeks after passing the bill, however, they have not sent the bill on to the Senate yet, because budget rules dictate that if its deficit savings did not reach $2 billion (and that $2 billion had to come from particular spending categories), the bill would be dead upon arrival in the upper chamber.
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