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D.C. Dispatches by Derek Wallbank

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    Update: Cost figures for Senate health care bill released

    By Derek Wallbank | Published Wed, Nov 18 2009 4:15 pm

    WASHINGTON, D.C. — The Senate health care bill will cost $849 billion over the next 10 years and extend coverage to 94 percent of Americans, Senate leadership sources said today.

    Update: Sen. Al Franken called the report "promising." "Obviously he's going to need to consider the whole package and how much relief it will bring to Minnesotans," said Franken spokesperson Jess McIntosh, adding that the state's junior senator is generally "very much in favor of health care reform and the public option."

    The figures come from a Congressional Budget Office report that Senate Majority Leader Harry Reid will present to Senate Democrats today. The bill would cut the deficit by $127 billion over the next 10 years, and by $650 billion in the ten years after that. The CBO estimated that the bill would save $1 trillion over time.

    The bill is scheduled to be filed later today, with a vote to bring the bill to the floor expected as early as Saturday.

    Washington Bureau | Wed, Nov 18 2009 4:15 pm | Comment

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    minnpost.com/derekwallbank


    Derek Wallbank is MinnPost's Washington, D.C., correspondent, covering Minnesota's congressional delegation and reporting on developments out of Washington that are important to Minnesota readers. After graduating from Michigan State University, he covered Michigan politics for the Gongwer News Service, a publication aimed at political insiders. Later he became a reporter for the Lansing State Journal, writing about education and politics and founding the Journal's respected politics blog. Most recently he was a researcher and reporter with Congressional Quarterly in Washington, D.C. He can be reached at dwallbank[at]minnpost[dot]com.

    More dispatches by Derek Wallbank