CBO Proposes Medicare Amendment To Reduce Deficit

CBO just released a score of the Medicare legislation (HR 6331, with a proposed amendment) under consideration in the House. In total, CBO estimates that the bill would reduce deficits by $0.3 billion over the 2008-2013 period and by less than $50 million over the 2008-2018 period.

The five-year savings would decline to $0.1 billion if the pending supplemental appropriations act is cleared before H.R. 6331.

Honorable John D. Dingell
Chairman
Committee on Energy
and Commerce
U.S. House of Representatives
Washington, DC 20515

Dear Mr. Chairman:

The Congressional Budget Office has prepared the enclosed table (PDF)