The House healthcare reform bill, complete with the public option, will be revenue neutral in its first ten years and eventually will generate a surplus:
The Congressional Budget Office (CBO) released estimates this evening confirming for the first time that H.R. 3200, America’s Affordable Health Choices Act, is deficit neutral over the 10-year budget window – and even produces a $6 billion surplus. CBO estimated more than $550 billion in gross Medicare and Medicaid savings. More importantly, the bill includes a comprehensive array of delivery reforms to set the stage for lowering the future growth in health care costs.
Aw damn. Time for the corrupt and spineless to come up some more fake arguments to protect their corporate bosses.
Adding... Shame on the House for releasing this information on a Friday night. The CBO report isn't going anywhere -- Monday would've been fine and dandy.