One More Health Care Bill Analysis

The Congressional Budget Office (CBO), in conjunction with the Congressional Joint Committee on Taxation, has again issued an analysis of the health care bill, this time focusing on the proposal that passed the Senate, known as the Patient Protection and Affordable Care Act.

The official CBO blog has an overview of the analysis here; the full analysis is available here (PDF). From the overview:

CBO and JCT now estimate that, on balance, the direct (mandatory) spending and revenue effects of enacting H.R. 3590 as passed by the Senate would yield a net reduction in federal deficits of $118 billion over the 2010–2019 period. (Direct spending—as distinguished from discretionary spending—is spending that stems from legislation other than appropriation acts.) In our earlier estimate, the budgetary impact was a net reduction in deficits of $132 billion.