In it, but not of it. TPM DC

CBO: Health Care Bill Now $871 Billion, Public Option Compromise Does Not Lower Premiums


The bill remains a big deficit slayer--$132 billion in the first 10 years. Over the next 10 years, CBO warns all estimates are very uncertain. But here's a key conclusion: "CBO expects that the legislation, if enacted, would reduce federal budget deficits over the ensuing decade relative to those projected under current law--with a total effect during that decade that is in a broad range around one-half percent of GDP."

Senior Democratic aides are suggesting that the bill could reduce the deficit, compared to deficits projected under current law, by as much as $1.3 trillion.

You can read the report here (PDF), and a summary on the CBO's blog here.