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Hoyer Statement on CBO Score of House Health Reform Bill

Statement

Date: July 18, 2009
Location: Washington, DC
Issues: Health and Health Care


Hoyer Statement on CBO Score of House Health Reform Bill

House Majority Leader Steny H. Hoyer issued the following statement on the estimate released last evening by the Congressional Budget Office showing the new reforms in the House America's Affordable Health Choices Act are deficit neutral:

"In keeping with our commitment to creating policy in a fiscally responsible manner, Congressional Democrats pledged that health care reform would be fully paid for and would not contribute to the federal deficit. The CBO estimate confirms that the newly proposed health reforms in the legislation meet that commitment.

"There are net costs scored by CBO attributable to the Medicare physician payment formula that are not offset. However, these costs would not increase spending above what would be necessary to simply maintain current Medicare physician reimbursement rates, and under a budget resolution adopted by the House earlier this year will not be subject to the House PAYGO rule."


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