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The Bottom Line: Chairman's Mark of Finance Committee Bill, and Proposed Amendments

Today, the Senate Finance Committee is continuing to mark-up the Committee’s health care reform bill. In total, the Committee is considering 564 amendments (see New Health Dialogue’s live twitter feed here) to the “Chairman’s Mark” put forward by Senator Max Baucus. As CRFB has shown, the original version of that Mark would reduce the ten-year deficit by around $50 billion and the tenth year deficit by around $16 billion. Beyond the ten year window, the Congressional Budget Office expected the bill to go even further in reducing deficits, doing so to the tune of half a percent of GDP in the second decade...