The Baucus Bill: A Closer Look at the CBO Report
Nina Owcharenko Schaefer /
Looking beyond the media hype, taxpayers should remember a few crucial facts about the recent CBO/JCT analysis of the Finance Committee’s provisions for the America’s Healthy Future Act of 2009. As former CBO Director Donald Marron has pointed out, there is more to CBO’s analysis than short term budget estimates.
- The analysis is preliminary. As the letter points out, the analysis is still not based on legislative language. Moreover, Senate Leaders have to merge the bill with the HELP Committee bill before the bill comes to the floor. Therefore, it is highly unlikely that the current analysis will be relevant to the debate much past the upcoming Finance Committee vote. (more…)