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Reply #15: Democrats cite CBO to boost healthcare case [View All]

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-29-09 01:33 AM
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15. Democrats cite CBO to boost healthcare case
Source: Reuters

WASHINGTON (Reuters) Democrats in the U.S. House of Representatives pounced on a congressional budget analysis to bolster their plan for a government-run health insurance option on Monday, as party leaders said they were closer to agreement on healthcare reform.

The report by the nonpartisan Congressional Budget Office said the public option proposed by Democrats would not drive private insurers out of business and most people would still choose to get their medical coverage through employers.

The public option has come under heavy fire from Republicans who say it will devastate the private insurance industry.

"We're moving closer to a point where we can hold insurance companies accountable," House Speaker Nancy Pelosi, a Democrat, told reporters, repeating her frequent prediction that once a bill hits the floor for a vote "it will win."

President Barack Obama's drive for healthcare reform has stalled in the Senate and House, which are controlled by his fellow Democrats, amid criticism from all sides about the cost, scope and funding of the more than $1 trillion measure.

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The report by the Congressional Budget Office said the public option proposed by Democrats would NOT drive private insurers out of business.
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