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
Committee on Energy
U.S. House of Representatives
Washington, DC 20515
Dear Mr. Chairman:
The Congressional Budget Office has prepared the enclosed table (PDF)