No independent CBO analysis of Obama health plan anytime soon

Planet Washington

February 22, 2010

There won’t be any independent analysis of President Obama’s health care plan from the nonpartisan Congressional Budget Office anytime soon. CBO is widely regarded as Washington’s most authoritative scorekeeper on fiscal matters. But, said CBO Director Doug Elmendorf on his blog Monday, “Although the proposal reflects many elements that were included in the health care bills passed by the House and the Senate last year, it modifies many of those elements and also includes new ones.” And, he said, “preparing a cost estimate requires very detailed specifications of numerous provisions, and the materials that were released this morning do not provide sufficient detail on all of the provisions.

“Therefore,” he said, “CBO cannot provide a cost estimate for the proposal without additional detail, and, even if such detail were provided, analyzing the proposal would be a time-consuming process that could not be completed this week.” The White House estimates its plan would cut deficits by about $100 billion over the next 10 years. 

To read Elmendorf’s comments: http://cboblog.cbo.gov/?p=473 posted by David Lightman at 04:22 PM in Barack Obama, Congress, Democrats, Economy, Health care, House of Representatives, Republicans, Senate, White House | Permalink

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