Health Bill to Shave $130B Off Deficit in Decade: Hoyer

Vote scheduled for Sunday as Dems try to wrangle 10 yeas
By Harry Kimball,  Newser Staff
Posted Mar 18, 2010 9:28 AM CDT
Health Bill to Shave $130B Off Deficit in Decade: Hoyer
House Speaker Nancy Pelosi of Calif., accompanied by House Majority Leader Steny Hoyer of Md.   (AP Photo)

(Newser) – The Congressional Budget Office numbers aren’t in yet, but House Majority Leader Steny Hoyer assures wary legislators that health care reform will save billions, even trillions, over the next 20 years. His statement comes as House Democrats try to wrangle the 10 additional votes needed to pass the bill, which is scheduled for a vote on Sunday. Hoyer tells the Wall Street Journal that the Dems' latest version cost $940 billion over a decade and would decrease the deficit by $130 billion in the first 10 years.

story continues below

In 20 years, Hoyer claims, health care reform would shrink the deficit by $1.2 trillion. The Democrats have made gains toward passage in the last day, with the promised yea of Dennis Kucinich and a switch from anti-abortion Rep. Dale Kildee, who is now “convinced” that the legislation adequately restricts federal funding of abortion. Kildee’s move could signal a change of heart in the Stupak bloc, which would aid the Dems’ search for 216 votes. (Read more Steny Hoyer stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.